Lian Beng secures $78mln Centro Residences deal

The building construction group won the $78 million deal from Far East Group to build a 34-storey residential tower opposite Ang Mo Kio MRT station.

Lian Beng expects to commence work on the development this month with completion target of January 2013.

Mr Ong Pang Aik, Managing Director of Lian Beng, said, "As a Group, we have been fairly successful in leveraging our internal resources to provide more value-added activities for our customers. We are delighted to be able to work with Far East Group on yet another of its distinctive projects."

Lian Beng's order book now stands at $820 million, after securing the Centro Residences contract.

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