General Announcement::AWARD OF CONTRACT
Issuer & Securities
OKP HOLDINGS LIMITED
OKP HOLDINGS LIMITED - SG1M55904841 - 5CF
Date &Time of Broadcast
Announcement Sub Title
AWARD OF CONTRACT
Submitted By (Co./ Ind. Name)
Or Toh Wat
Group Managing Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of OKP Holdings Limited (the "Company") wishes to announce that the tender for proposed infrastructure works at Punggol (Phase 1) (the "Contract") by the Company's wholly-owned subsidiary, Eng Lam Contractors Co (Pte) Ltd, had been accepted by JTC Corporation.
The amount of the Contract is S$19,287,000 and the Contract will commence on 5 July 2016 and be completed by 4 October 2017.
The Contract is expected to contribute positively to, but has no material impact on, the earnings per share and net tangible assets per share of the Company and its subsidiaries for the current financial year ending 31 December 2016.
None of the Directors has any interest, direct or indirect, in the Contract. As far as the Directors are aware, none of the controlling shareholders of the Company has any interest, direct or indirect, in the Contract.
The press release in respect of the award of the Contract is attached.
Total size =146K