CNQC INT'L (01240) recently awarded three construction project contracts.

date
09/05/2025
avatar
GMT Eight
Qingjian International (01240) announced that the group has recently been awarded two construction contracts in Hong Kong and one construction contract in Singapore.
CNQC INT'L (01240) announced that the group has recently been awarded two construction contracts in Hong Kong and one construction contract in Singapore, namely: (i) New East Development Limited awarded a major contract to the company's indirect wholly-owned subsidiary for a residential development project at Lot No. 244, DD 2195 in Tseung Kwan O, Hong Kong on March 12, 2025; (ii) The Hong Kong Housing Authority awarded a district term contract for maintenance, improvement, and renovation of vacant units in Tai Po, North District, and Sha Tin for the period of 2025 to 2028 to another indirect wholly-owned subsidiary of the company on April 30, 2025; and (iii) The Housing and Development Board of Singapore awarded another major contract for construction works at Contract 19B in Bukit Panjang to another indirect wholly-owned subsidiary of the company on April 30, 2025. If all the construction works mentioned in these contracts are completed, the total contract sum for the three contracts is estimated to be approximately HK$2.09 billion (including contingency fees).