King Wan Corporation has secured $40.4 million worth of new mechanical and electrical contracts (M&E) from January to March 2025, according to a release dated Apr 2.
The projects include sanitary and plumbing supply and installation works, gas installations, plumbing installation works, among others at units in Kampong Arang Road, Sampan Place, Marina Gardens Lane, Commonwealth Drive, and Yishun Avenue 1 among others.
The projects are scheduled to be completed in 2028, and are not expected to have any significant impact on earnings per share or net tangible assets per share of the group for the FY2026 ended March 31 2026.
Shares in King Wan closed 0.1 cent lower or 2.778% down at 3.5 cents on Apr 2.
