Lian Beng Bags S$174m Deal to Build Sims Drive Condo

penrose-lian-beng-bags-174m-deal-to-build-sims-drive-condo

Source : The Business Times, May 11, 2020

 

Our Commentary:

In May, Lian Beng Construction Pte Ltd has been awarded a S$174m contract to construct Penrose condominium in Sims Drive.  Construction works are expected to commence in June 2020 and contract is for 36 months or to be completed by June 2023.  Lian Beng Group Limited, a Singapore listed company, is  holding company of Lian Beng Construction Pte Ltd.  Ongoing projects of Lian Beng Group are Martin Modern, The Tre Ver, Affinity at Serangoon etc.

 

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