KSH Holdings

KSH Holdings: Likely positive sentiment after grp announced that it had secured a letter of acceptance worth $142.3m for main contract works of Q Bay Residences. Awarded by Quarry Bay Pte Ltd, construction is expected to commence in April 2013 for a total construction period of 33 mths. With this contract win, the order book for the firm's construction business is more than $460m, underpinning earnings visibility for the next 2 yrs.