BBR bags S$105.8m in new contracts in Singapore and Malaysia

Led by intensive Springside construction contract.

Mainboard-listed BBR Holdings (BBR) announced that it has secured approximately S$105.8 million worth of contracts since it last announced the award of a Housing & Development Board building project dated 25 March 2013.

These include a contract for the construction and maintenance of Phases 14 and 15 of the mixed-use development at The Springside at Jalan Ulu Seletar/Sembawang Road,Singapore and a number of specialised engineering contracts in Singapore and Malaysia.

The contract for The Springside was awarded to the Group’s wholly-owned subsidiary, Singapore Piling & Civil Engineering Private Limited. The scope of works involves the construction and maintenance of 2-blocks of a 4-storey development comprising 1-storey shops and 3-storey apartments with 2 basement car parks.

Other works comprise boredpile foundation, earthworks, driveway, box drains/culverts, surface water drains, general landscaping and turfing, and mechanical and electrical services. Construction works will commence on 19 September 2013 and is scheduled to complete by September 2015.

In addition, other subsidiaries of BBR have been awarded several structural and specialised engineering contracts in Singapore and Malaysia. These included engineering works for a hospital, a number of light industrial flatted factories, warehouses and bridges, and Mass Rapid Transit station, a condominium, a number of service apartments and shopping malls.

BBR’s Chief Executive Officer, Mr Andrew Tan, said: “We are pleased to be awarded with these contracts in Singapore and Malaysia, in particular, The Springside, another distinctive and vibrant residential and retail development. The contract wins is a testament of our reliability, experience and competence as a leading construction company in these countries. We remain relatively optimistic about the business opportunities in the region and will continue to bid for more projects in the public and private sectors.”

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