Koyo International bags $17.3m contract for works at Ngee Ann Polytechnic, MOE

Its order book now stands at $41m.

Mainboard-listed Koyo International today announced that its wholly-owned subsidiary Koyo Engineering has bagged a $17.3m contract for works at Ngee Ann Polytechnic and the Ministry of Education.

The works include proposed additions and alterations to mechanical, electrical, and plumbing services at the Ngee Ann Polytechnic campus and the maintenance of mechanical and electrical systems in one school zone under the Singapore Ministry of Education.

These two contracts bring Koyo’s gross order book to-date $41m and are expected contribute positively to the group’s earnings for the next four financial years from the current financial year ending 31 December 2015.