Kwan Yong Holdings Ltd. announced that its wholly-owned subsidiary, Kwan Yong Construction Pte Ltd, has been awarded a construction contract by the Ministry of Health of Singapore. The contract, valued at approximately SGD96 million, is for the proposed development of a nursing home at Alexandra Health Campus in Singapore. Construction work is expected to commence in March 2026. The company stated that the contract was entered into in the ordinary course of business and is not expected to have any material impact on the Group’s net tangible assets or earnings per share for the financial year ending 30 June 2026. None of the company’s directors, controlling shareholders, or substantial shareholders have any interest in the contract other than their respective shareholding interests.
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-20260109-11986306), on January 09, 2026, and is solely responsible for the information contained therein.
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