King Wan secures $28.3m new M&E contracts
All projects are scheduled to be completed in 2028.
King Wan Corporation has secured new mechanical and electrical contracts worth around $28.3m between April and June 2025.
The projects include sanitary, plumbing, and gas works for a 188-unit residential development at Beach Road/Nicoll Highway and air-conditioning and ventilation systems for a food factory at Kallang Way.
It also includes the installation of plumbing, sanitary systems, and rainwater downpipes, which is underway for a proposed residential development consisting of 161 units in Phase 11 (Luxus Hill Heights, Luxus Hill View, and Luxus Hill Road) and 159 units in Phase 12 (Luxus Hill Road and Seletar Road).
All projects are scheduled to be completed in 2028.
The company does not expect these contracts to have any significant impact on the earnings per share or net tangible assets per share of the group for the financial year ending 31 March 2026.