SINGAPORE (Feb 1): Wee Hur Holdings’ wholly-owned subsidiary Wee Hur Construction has been awarded a $43.0 million construction project from The Diocese of Singapore and St. Andrew’s Mission Hospital.
The project comprises the erection of a nine-storey nursing home and a four-storey church annex building with a two-storey semi-underground car park, as well as addition and alteration to the existing St. John’s – St. Margaret’s Church at 30 Dover Ave.
The project will commence on Mar 12, 2018 and be completed on May 25, 2020.
Wee Hur says the project is not expected to have a material impact on its consolidated net tangible assets per share and consolidated earnings per share for the financial year ending Dec 31, 2018.
This story, written by Stanislaus Jude Chan for The Edge Singapore, first appeared on Feb 1.