Brief: Aspial Corporation awards contract to Woh Hup for construction of CityGate project

Aspial

11/04/2016 10:13

April 11 (Reuters) - Aspial Corporation Ltd  ASPA.SI : 
 * Awarded a contract to Woh Hup (Private) Limited ("Woh Hup") for the construction of its Citygate project 
 * Total sale for the entire project estimated to be s$805 million 
 * Locked in revenue from project, amounting to about s$625 million, expected to be progressively recognised from FY 2016 to FY 2019 
 * Says construction period is 32 months and top is expected to be obtained in January 2019 
 * "Total sale from remaining units is expected to be about s$180 million" 
 * Source text for Eikon  ID:nSNZJr4GY  
 
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