PROCUREMENT NEWS

SINGAPORE : Lian Beng secures $49million Mindef contracts

Published 28 Feb 2012

Lian Beng Group Ltd on Monday said its wholly-owned subsidiary, Lian Beng Construction (1988) Pte Ltd, has secured a construction contract worth approximately S$49 million with a contract period of 21 months from Ministry of Defence.

The contract is expected to have a positive financial impact on the net tangible assets per share and earning per share of the group for the current financial year ending May 31, 2012.

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