Boustead wins over $100m Tukang industrial contract
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Boustead Projects has secured a contract exceeding $100m for a 10-storey industrial development at Tukang Innovation Drive, Singapore. This project, a joint venture with Lian Beng Group, will create over 260 industrial units and is expected to be completed in 24 months. The contract increases Boustead's engineering backlog to $566m, but is not anticipated to significantly impact profitability or earnings for the financial year ending March 2026.
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