| Announcement Title | General Announcement |
| Announcement Subtitle | AWARD OF CONTRACT |
| Securities | OKP HOLDINGS LIMITED (OKP) |
| Date & Time of Broadcast | Feb 18, 2016 6:31 |
| Submitted By | Or Toh Wat Group Managing Director |
| Description | The Board of Directors of OKP Holdings Limited (the "Company") wishes to announce that the tender for Improvement to Roadside Drains V Contract W2 (Penjuru, Jalan Sampurna, Pioneer Sector and Jalan Buroh Areas) (the "Contract") by the Company's wholly-owned subsidiary, Eng Lam Contractors Co (Pte) Ltd, had been accepted by the Public Utilities Board. The amount of the Contract is S$9,827,000 and the term of the Contract is from 22 February 2016 to 21 August 2018. The Contract is expected to contribute positively to, but has no material impact on, the earnings per share and net tangible assets per share of the Company and its subsidiaries for the current financial year ending 31 December 2016. None of the Directors has any interest, direct or indirect, in the Contract. As far as the Directors are aware, none of the controlling shareholders of the Company has any interest, direct or indirect, in the Contract. The press release in respect of the award of the Contract is attached. |
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