Kwan Yong Holdings Ltd. has announced that its wholly-owned subsidiary, Kwan Yong Construction Pte Ltd, has been awarded a construction contract valued at approximately SGD56.5 million. The contract, granted by the Ministry of Health of Singapore, is for the development of a nursing home at Bukit Purmei Avenue, Singapore. Construction is expected to commence in December 2025. The company stated that the contract is part of its ordinary course of business and is not anticipated to have a material impact on its net tangible assets or earnings per share for the financial year ending June 30, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kwan Yong Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251128-11932254), on November 28, 2025, and is solely responsible for the information contained therein.
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