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Csc Bags $21.6M Contract for New State Courts Complex

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Csc Bags $21.6M Contract for New State Courts Complex CSC HOLDINGS LIMITED Co Registration No. 199707845E FOR IMMEDIATE RELEASE CSC BAGS $21.6M CONTRACT FOR NEW STATE COURTS COMPLEX Enjoys strong growth momentum in Malaysia More than $100 million worth of contracts secured since Jan 2014 SINGAPORE, 30 May 2014 – Mainboard-listed foundation specialist CSC Holdings Limited (the “Group” or “CSC”) has recently been awarded a foundation contract for foundation and sub-structure works for the New State Courts Complex (“the Complex”) at Havelock Square. The ground breaking ceremony for the Complex was held on 28 May 2014. Worth $21.6 million, the contract will see CSC providing its geo-technical expertise for bored piling works over some 23,340 square metres of land, as well as the construction of diaphragm walls for the Complex. Situated in front of the present State Courts, the new Complex will comprise the existing Subordinate Courts along with two new 50-storey towers with three basement levels to house over 60 courtrooms and 50 hearing chambers. This is a significant increase in capacity from the 40 courtrooms and 28 hearing chambers at the current premises. As the Subordinate Courts will continue to operate throughout the construction of the new towers, CSC will be required to harness its expertise to carry out the foundation works with minimal noise and dust pollution, and minimal disruption to traffic flow. Together with the award of this contract, CSC has secured more than $100 million worth of foundation and geotechnical engineering contracts in Singapore and Malaysia since the start of 2014. In Singapore, other recent foundation contracts secured include public residential projects in Boon Lay, Punggol East, Woodlands, Guillemard Road and Tampines, and private condominiums such as Alex Residence and The Santorini. The Group also secured foundation contracts for transport infrastructure projects, ie bus depots at Loyang and Wenya, community projects such as the Tampines Town Hub, educational institutions and various industrial projects throughout Singapore. 30 May 2014 - CSC Bags $21.6M Contract for New State Courts Complex Page 1 of 2 CSC HOLDINGS LIMITED Co Registration No. 199707845E FOR IMMEDIATE RELEASE In the Malaysia market where the Group is steadily establishing its presence, it has secured foundation contracts for several new private condominium projects in the Klang Valley such as Eco Sky, Fortune Perdana Lakeside Residence and Novo Ampang. In the southern state of Johor, CSC has secured a foundation contract for the Molek Regency Condominium. CSC’s order book as at 21 May 2014 stands at approximately $200 million with the bulk of these contracts to be completed within the next six months. ______________________ About CSC Holdings Limited CSC Holdings Limited (SGX: C06) is Singapore’s largest foundation and geotechnical engineering specialist, and one of the region’s leading ground engineering solutions providers for private and public sector work, which include residential, commercial, industrial and infrastructure projects. The Group operates principally as a foundation and geotechnical specialist and offers a full range of capabilities in this field, including the construction and installation of large diameter bored piles, diaphragm walls, driven piles, jack-in piles, micro piles, soil improvement works, soil investigation, pile testing and instrumentation services, as well as automatic tunnel and structural monitoring survey. More information on CSC Holdings can be found at www.cschl.com.sg For further enquiries , please contact: Mr Lee Quang Loong Ms Alvina Tan CSC Holdings Limited Ark Advisors Pte Ltd DID: +65 6500 4755 DID: +65 6221 2123 Email: [email protected] Email: [email protected] 30 May 2014 - CSC Bags $21.6M Contract for New State Courts Complex Page 2 of 2 .
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