Disclosure to SGX on 15 Aug 16, after market hours (PDF)
Google Finance (J2T)
Closed: 0.340
In view of the new 60:40 JV project, HLS's construction order book will increase to about S$980 million. It is the highest ever since FY2010.
HLS has 60% share of the JV.
Sembcorp Design and Construction ("the JV partner") is wholly owned by blue chip Sembcorp Industries (U96).
I am currently vested in HLS and will seek to increase my stakes following the announcement. Buy first, analyze later.
