13-04-2018, 06:30 PM
Kingsmen Awarded Contracts Worth S$22 Million for National Day Parade 2018 and National History Event
Kingsmen Creatives Ltd. announced that its wholly-owned subsidiary, Kingsmen Exhibits Pte Ltd, has been awarded two contracts worth S$22 million.
The contracts comprise the National Day Parade 2018 and the National History Event valued at S$3 million and S$19 million respectively. The contract for the National Day Parade 2018 involves the build and fabrication of the temporary stage set infrastructure and supporting structures at The Float @ Marina Bay and is expected to be completed by 2018. The contract for the National History Event is a project in 2019 that will showcase the history of Singapore.
The contracts are expected to contribute positively to the earnings per share and net tangible assets per share of the Group for the financial years ending 31 December 2018 and 2019.
Kingsmen Creatives Ltd. announced that its wholly-owned subsidiary, Kingsmen Exhibits Pte Ltd, has been awarded two contracts worth S$22 million.
The contracts comprise the National Day Parade 2018 and the National History Event valued at S$3 million and S$19 million respectively. The contract for the National Day Parade 2018 involves the build and fabrication of the temporary stage set infrastructure and supporting structures at The Float @ Marina Bay and is expected to be completed by 2018. The contract for the National History Event is a project in 2019 that will showcase the history of Singapore.
The contracts are expected to contribute positively to the earnings per share and net tangible assets per share of the Group for the financial years ending 31 December 2018 and 2019.
Specuvestor: Asset - Business - Structure.