Hock Lian Seng wins LTA contract worth $137.4 million

SINGAPORE - The board of Directors of Hock Lian Seng Holdings said its wholly-owned subsidiary, Hock Lian Seng Infrastructure, has been awarded a contract from the Land Transport to design and construct stabling at Gali Batu Depot.

The contract sum is about $137.4 million.

The project will commence this month and is expected to complete by November 2019.

It is not expected to have a material impact on the consolidated net tangible assets per share and consolidated earnings per share of the group for the financial year ending Dec 31 this year.