Boustead bags semiconductor project, raises 2026 order book to $193m
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Boustead Singapore Ltd has secured a design-and-build contract for a semiconductor materials facility in Tampines, expanding its industrial portfolio. The 9,000-square-metre plant is set for completion by Q4 2026. This contract raises Boustead's order book to $193 million for FY2026. The company stated that the project will not significantly impact earnings or net asset value for the financial year ending March 31, 2026, as demand in precision-engineering and semiconductor facilities continues to drive construction in Singapore's industrial sector.
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