Friday, September 30, 2011

Koon

Koon: Subsidiary cos Econ Precast and Contech Precast has secured new precast projects with a contract value of S$53.73m for both HDB and private industrial dev projects. The contract period ranges from 7 to 18 mths. This brings Koon's precast order book to $103.4m. Co trades at 2.8x current P/E with indicative yield of 6.8%.

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