Kingsmen secures $44.9m turnkey contract for Museum of Science for children in Kazakhstan

The contract is expected to contribute positively for the group’s FY 2024 to 2026.

Kingsmen Creatives Ltd. has announced that its wholly-owned subsidiary, Kingsmen Exhibits Pte Ltd, has been awarded a turnkey contract worth approximately $44.9m (US$34m) for the Museum of Science for Children in Almaty, Kazakhstan.

According to the bourse filing, the contract is expected to contribute positively to the earnings per share and net tangible assets per share of the group for the financial years ending 31 December 2024 to 2026.

It was also said that none of the directors and controlling shareholders of the company has any interest, whether direct or indirect, in the contract other than through their shareholdings in the company.

($1 = US$0.76)

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