OKP Holdings

[karlmarx]

OKP still get awarded with big projects despite bad track records , OKP must be possessing something that their competitors don't .

Yes, their net construction order book looks good, with $329.9 million of secured contracts, extending till 2019. (AR2016)

Profit is visible next 2 years .... but will have to set aside some money to pay for fine.

OKP has very good 'political' link with G. I think this is their strategic advantage.

Setting aside money to pay for fines is the least of their concerns. Sadly, this is an issue that cannot be solved by throwing money at it.

Given the severity and amount of public attention surrounding this accident, I will be surprised (with LTA's tender evaluation system) if OKP is able to continue winning LTA contracts as it had.