Figtree Holdings bags S$43.5m design and build contract.
CATALIST-LISTED Figtree Holdings has secured a S$43.53 million design and build contract for a food processing facility, the commercial and industrial real estate solutions provider announced on Monday after market close.
Under the contract with Singapore chilled and frozen pork processor and distributor OJJ Foods, Figtree unit Figtree Projects will design and build a six-storey food processing facility with a gross floor area of about 18,000 square metres, located at Chin Bee Avenue in Singapore. The facility will comprise a fully-automated ASRS warehouse, chiller and freezer cold rooms, central kitchen, and other production and ancillary offices.
Construction is expected to start in the fourth quarter of 2019 and be completed in the third quarter of 2021.Figtree said the contract will contribute to its revenue, but is not expected to have a material impact on its earnings per share and net asset value per share for the current financial year ending Dec 31, 2019.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cheika floats Skelton as World Cup possibility as selections narrowGiant lock Will Skelton still has an outside chance to make Australia's World Cup squad if Rugby Australia can agree a contract with him in the ...
Read more »
Golf: Thomas holds off Cantlay to win with record at MedinahWASHINGTON: Justin Thomas captured his 10th career US PGA title on Sunday (Aug 18), holding off fellow American Patrick Cantlay down the back nine ...
Read more »
9,000 housing units, including HDB, to be built on Keppel Club siteAbout 9,000 housing units - both public and private - will be built on the site of Keppel Club as part of the future Greater Southern Waterfront (GSW), said Prime Minister Lee Hsien Loong. There will be private and public housing elsewhere too, he added yesterday during his...
Read more »
Indonesia protesters torch town hall in Papua over student detentionsJAKARTA: Protesters in Indonesia's easternmost province of Papua set fire to tyres and torched a local parliament building on Monday (Aug 19) ...
Read more »