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(04-09-2018, 03:53 PM)Musicwhiz Wrote:(04-09-2018, 01:47 PM)cyclone Wrote: Boustead Projects Awarded Contract for Integrated R&D and Office Business Park Building
Boustead Projects Limited announced that its wholly-owned design-and-build subsidiary, Boustead Projects E&C Pte Ltd has secured a sizeable contract to build an integrated R&D and business park building for one of Singapore’s largest corporations in Biopolis, one-north in Singapore.
This is the fourth business park project within one-north. Previously, it completed the Seagate Singapore Design Center – The Shugart and GSK Asia House, with the upcoming ALICE @ Mediapolis to be delivered soon within one-north. The latest secured project is expected to be completed by the first quarter of calendar year 2020.
The latest contract has raised the Boustead Projects Group’s order book backlog to S$255 million (unrecognised project revenue remaining at the end of June 2018 plus the total value of new orders secured since then).
More details in http://infopub.sgx.com/FileOpen/BPL_Anno...eID=523941
Thanks for this update. With the setting up of a 51% JV known as BP-BBD2 with its JV partner Al Sariya Real Estate LP, there is a good chance that Boustead Projects would announce another DB&L contract soon. Note that the principal activities of BP-BBD2 are that of property development for long-term lease. [emoji2]
There was a BP-BBD previously incorporated for Bombardier SAP project.
More interested in the BP-Batu Kawan which i believe should be for the explicitly mentioned Msia project.
Batu Kawan seems to be a quite established place for industrial park for mnc.
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My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
"The flowers that bloom in the spring, have nothing to do with the case".