Lian Beng wins two contracts worth S$201m

Its orderbook balloons to S$1.085b.

According to OCBC Investment Research, Lian Beng announced that it has secured two construction projects which would boost its order book to a record S$1.085b. These two contracts are worth S$201m in total.

Here's more:

The first contract is worth S$112m and is awarded by Oxley Holdings to design and construct a multiple-user light industrial development at Sunview Road, Jalan Buroh and Pioneer Rd.

It will commence in Apr-13 and take 24 months to complete. The second contract, also awarded by Oxley Holdings, is worth S$89m and involves the design and construction of a three-storey and sevenstorey building forming a multiple-user industrial development at Tampines Industrial Crescent, Tampines Ave 10 and Tampines Expressway.

It will also commence in Apr-13 and take 24 months for completion.

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