Koon Holdings

Koon Holdings: announces new order win involving the construction of roads, drains, sewers, and vehicular bridge at Ayer Merbau Road Further Extension Phase 1 , Jurong Island, worth $24.8m. The contract will stretch over a 15 mth duration. Koon's orderbook now stands at $165m, vs trailing 12m rev of $152m. The stock trades at 17.3x P/E, 0.6x P/B.