BBR Holdings snags S$61.6m contracts in Singapore and Malaysia
Raises current order book to S$1.02b.
Mainboard-listed BBR Holdings (S) Ltd (BBR) announced through a release that it has won S$61.6 million worth of new contracts between November 2012 and January 2013. These include a contract for the construction of the prestigious Dulwich College in Singapore and a number of structural work and specialist engineering contracts in Singapore and Malaysia.
The contract for Dulwich College, Singapore’s first British independent school was awarded to BBR’s wholly owned subsidiary, Singa Development Pte Ltd. The scope of work includes building of three-storey, five-storey and single-storey blocks with two basements and a two-storey administration block. The work will begin immediately and is scheduled to complete by the end of May 2014. Built on a fivehectare site in Bukit Batok West Avenue 8, the project will include building classrooms and facilities for children in early/foundation years and junior school, a gymnasium and a swimming pool. Catering mainly to the expatriate community, the 394-year-old Dulwich College has campus in Beijing, Shanghai, Suzhou and Seoul.
It will start with an initial intake of 400 to 500 students and expects to expand to 2,500 students over the next few years.
In addition, BBR has been awarded several structural work and specialist engineering contracts in Singapore and Malaysia. These included a hospital, light industrial flatted factories, warehouses, bridges, service apartments and a shopping mall.
BBR’s Chief Executive Officer, Mr Andrew Tan said: “We are pleased to have been awarded these contracts over the past few months as this affirms our position as one of Singapore’s leading construction companies with specialist engineering skills and experience. With these recent wins, we are pleased to announce that our order book now stands at S$1.02 billion with projects lasting to 2015. We will continue to focus on bidding for more projects in the public and private sectors especially in Singapore and Malaysia to strengthen and grow our business.”
The above S$61.6 million worth of new contracts secured are in addition to the two HDB contracts to build 808 flats at Kallang Whampoa for S$108 million and 474 flats at Sengkang Neighbourhood 2 for S$74.9 million, which were announced on 19 December 2012.