King Wan Corporation Secures S$40.4 Million in New M&E Contracts

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King Wan Corporation Secures S$40.4 Million in New M&E Contracts

King Wan Corporation Limited ( (SG:554) ) has shared an update.

King Wan Corporation Limited has secured new M&E contracts worth approximately S$40.4 million for various housing developments in Singapore, scheduled for completion by 2028. Despite the significant contract value, these projects are not expected to impact the company’s earnings per share or net tangible assets for the financial year ending March 2026.

More about King Wan Corporation Limited

King Wan Corporation Limited is a Singapore-based integrated building services company specializing in Mechanical and Electrical (M&E) engineering services for the building and construction industry. The company also provides rental services for mobile chemical lavatories and ancillary facilities for construction sites and public events. Their M&E services include design and installation of plumbing, sanitary systems, electricity distribution, fire protection, and more, offering comprehensive solutions that integrate digitalization with retrofitting and optimization.

YTD Price Performance: 20.0%

Average Trading Volume: 1,329,352

Technical Sentiment Signal: Sell

Current Market Cap: S$25.14M

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