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Thursday, 27 June 2013

Lian Beng order book hits $1.4b

Lian Beng order book hits $1.4b

BT 20130625 CHLIAN25ZSXJ 630777
Mr Ong: Delighted that the records were set just six months into the year - BT PHOTO: ARTHUR LEE

CONSTRUCTION company Lian Beng Group continues to upsize its record order book, which now stands at $1.4 billion.

In a regulatory filing yesterday, it announced that its wholly owned subsidiary Lian Beng Construction (1988) had been awarded a contract worth $115 million to build a condominium along Flora Drive in Pasir Ris.

The contract period is from this month to October 2015.

Under the agreement, Lian Beng will build nine eight-storey residential blocks and other amenities such as a clubhouse, a basement carpark, tennis courts and a swimming pool for the condo's developer, Tripartite Developments.

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