Build King Holdings Limited has announced an extension of its sub-contract at the Lam Tei Quarry. The sub-contract, originally entered into between the Kaden-Titan JV (a joint venture between two wholly-owned subsidiaries of Build King) and Faith Oriental Investment Limited, covers works such as rock excavation, transportation of rock material, temporary site accommodation, drainage, irrigation, and slope stabilization at the Lam Tei Quarry. The recent agreement extends the time for completion of these services without changing the scope of work or payment terms. As of August 2025, Build King has received approximately HK$521 million for works performed under the contract. Discussions are ongoing regarding additional sub-contract services related to an Underground Quarry Contract at the same site.
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. Build King Holdings Limited 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-20251231-11972414), on December 31, 2025, and is solely responsible for the information contained therein.
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