Sanli secures largest single contract in Cross Island Line project

This could boost the Group’s order book to a record $614.9m.

Sanli M&E Engineering Pte Ltd. (Sanli) was awarded by the Land Transport Authority (LTA) a $281m contract for the supply and installation of electrical services for Cross Island Line Phase 1 and Cross Island Line Punggol Extension.

It is the largest single contract secured by the firm to date and could "significantly boost the Group’s order book to a record $614.9m", the company said in a local bourse filing.

The company was awarded along with China Railway Electrification Engineering Group Co., Ltd. (Singapore Branch).

Barring any unforeseen circumstances, the new project is expected to have a positive impact on the net tangible assets and earnings per share of the Sanli Group throughout the five-year duration of the project, the firm added.

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