UUE Secures Largest Contract From Singapore Valued At RM28 Million

Quick Summary:

UUE Holdings Berhad has secured a subcontract worth SGD8.4 million, equivalent to approximately RM28.1 million, making it the largest contract the Group has secured in Singapore to date.   The subcontract involves the provision of materials, equipment, and expertise for the installation of high-density polyethylene ("HDPE pipes”) using the horizontal directional drilling method.

The contract is expected to contribute positively to the Group’s earnings and net assets moving forward.

The subcontract is expected to be completed by June 2027, with an option to extend for an additional 12 months.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: UUE Holdings News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 09:36:34 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 215 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27787014

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