Boustead: Awarded contract to design, build and lease an integrated aircraft service centre at Seletar Aerospace Park (SAP) for Bombardier. The centre will have GFA of approx 6.5k sqm with an integrated 3 storey office and completion is expected in 2013. This is the 13th aerospace project for Boustead and its 5th at SAP. The contract will not be added to co's order book as it is on a lease basis. Co's current order book is $345m. No contract value was stated.
Co currently trades at 9.5x P/E
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