King Wan Corporation has secured new mechanical and electrical (M&E) contracts worth $43.7 million during the period between October 2024 to December 2024.
The group will conduct sanitary, plumbing and gas installation works for the 552-unit Pine Grove and the 477-unit Lentor Central condominium developments. It will also supply and install air-conditioning and mechanical ventilation works for the proposed civic & community institution development at Upper Bukit Timah Road/Pei Wah Avenue as well as the proposed single user industrial development at Jurong Port Road.
The projects are scheduled to be completed between 2027 and 2028.
Shares in King Wan closed flat at 3.3 cents on Jan 9.