---
title: "Boustead Singapore has secured a contract worth over 50 million yuan to provide renovation services | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280315379.md"
description: "Boustead Singapore's engineering and construction business has secured a contract worth over 50 million yuan to provide renovation services. Its subsidiary Boustead Projects E&C will carry out renovations of 5,500 square meters for a completed integrated manufacturing, logistics, and office facility in Singapore. This contract increases the total uncompleted order amount of Boustead Singapore's real estate solutions division to 343 million yuan, and the total uncompleted order amount of Boustead Group's engineering division to 506 million yuan. The contract is expected to have a minimal impact on profits for the fiscal year ending March 31"
datetime: "2026-03-24T12:22:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280315379.md)
  - [en](https://longbridge.com/en/news/280315379.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280315379.md)
---

# Boustead Singapore has secured a contract worth over 50 million yuan to provide renovation services | Lianhe Zaobao

Boustead Singapore's engineering and construction business has secured a contract worth over 50 million yuan to provide renovation services.

Boustead Singapore announced on Tuesday (March 24) that, under the aforementioned contract, its subsidiary Boustead Projects E&C will carry out renovation work of over 5,500 square meters for a completed integrated manufacturing, logistics, and office facility in Singapore.

Following the acquisition of this contract, the total value of uncompleted orders for Boustead Singapore's real estate solutions division has increased to 343 million yuan. The total value of uncompleted orders for Boustead Group's engineering segment has risen to 506 million yuan.

#### Further Reading

OCBC's former president Huang Bijuan saw a 6.3% drop in salary last year to 12 million yuan UI Boustead Real Estate Trust's first-day trading opened low and plummeted, once down 8.52% from the issue price of 0.88 yuan

The aforementioned contract is estimated not to have a significant impact on the profits, earnings per share, or net tangible assets per share for the fiscal year ending March 31 this year.

Boustead Singapore rose 2.30% to 1.78 yuan on Tuesday.

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