Tuesday, 30 April 2013

Lian Beng wins 3 deals worth $211m


CONSTRUCTION firm Lian Beng Group yesterday announced it had secured three new projects worth a total of $211 million.

This brings Lian Beng's construction order book to a new high of $1.2 billion, and will provide the group with a substantial construction revenue flow through FY2016.

The three new contracts involve the construction of Oxley Tower @ Robinson, a hotel at 122 Middle Road, and Goodwood Residence.

Oxley Tower @ Robinson, secured from a wholly owned subsidiary of Oxley Holdings, is a 32-storey office building project at 138 Robinson Road. Work is expected to begin in May this year and be completed by July 2016. The contract is worth $86.25 million.

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