Swee Hong wins contract from Public Utilities Board
The deal is for the dredging of Sungei Peng Siang and Sungei Tengah.
The Board of Directors of Swee Hong Limited is pleased to announce that it has secured a contract from the Public Utilities Board worth approximately S$3.4 million.
The commencement date of the contract is 5 November 2012 and the completion date is 4 December 2013.
The announcement said the contract is not expected to have any material impact on the company’s earnings or the net tangible assets for the current financial year ending 30 June 2013.