Changi Airport Group awards $105.5m construction project to Hock Lian Seng
To construct taxiways and aircraft parking stands.
The Board of Directors of Hock Lian Seng Holdings Limited has announced that the company through its subsidiary, Hock Lian Seng Infrastructure Pte Ltd, has secured a $105.5 million project from Changi Airport Group (Singapore) Pte Ltd for the construction of taxiways, aircraft parking stands and other associated works at former south end reservoir site.
The project will commence in March 2014 and is expected to complete by September 2018.
The project 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 31 December 2014.