Kridhan Infra Singapore Subsidiary Swee Hong Wins Order Worth INR 1676 Million
Kridhan Infra Limited (KIL or the Company) had announced that its Singapore Subsidiary - Swee Hong Limited (SHL), together with its step-down subsidiaries, has successfully secured a contract from the Public Utilities Board worth SG$ 32.5 million (INR 1676 million) in aggregate for construction of link sewers for the DTSS Phase 2 Project at Old Choa Chu Kang Road/ Jalan Bahar, in Singapore.
KIL acquired a majority stake in Swee Hong limited in 2016. SHL is a leading EPC company in Singapore, which under KIL leadership and guidance, has had a successful business and financial turnaround. SHL has been able to fast track its legacy projects, which are near completion and has built a robust order book by successfully bidding for new contracts.
- Bagged By:
- Value:INR 1676 Million
- Published On:2019-01-09