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Pin to quick picksKeller Regulatory News (KLR)

Share Price Information for Keller (KLR)

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Share Price: 1,110.00
Bid: 1,102.00
Ask: 1,106.00
Change: 6.00 (0.54%)
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Major Contract Award in Singapore

30 Sep 2013 07:00

KELLER GROUP PLC - Major Contract Award in Singapore

KELLER GROUP PLC - Major Contract Award in Singapore

PR Newswire

London, September 27

For immediate release 30 September 2013 Keller Group plc Major Contract Award in Singapore Keller Group plc ("Keller" or "the Group"), the international groundengineering specialist, announces that it has been awarded a contract worthapproximately £33m to construct foundations and related works for the newSengkang hospital project in Singapore. Keller's contract is for the construction of a diaphragm wall and bored andsecant piles. The piling works, which make up the largest element of thecontract, will be undertaken by Resource Piling, who will install more than2,500 piles of varying diameters. The overall project, for the Singapore Ministry of Health, will create anintegrated general hospital, community hospital and specialist outpatientfacilities, catering for more than 700,000 residents in the region. Keller's work is expected to commence next month and to complete in the thirdquarter of 2014. Justin Atkinson, Keller Chief Executive, commented: "This is the largest contract award to date for Resource Piling. It is a goodexample of how the businesses we acquire are able, over time, to take on largerand more complex work, knowing they have the technical and financial backing ofa strong, international parent. "Increasing our participation in major projects remains one of our key aims andwe are delighted to have been selected to work at Sengkang." For further information, please contact: Keller Group plcJustin Atkinson, Chief Executive 020 7616 7575James Hind, Finance Director RLM FinsburyGordon Simpson/Rowley Hudson 020 7251 3801 Notes to Editors: Keller is the world's largest independent ground engineering specialist,providing technically advanced and cost-effective foundation solutions to theconstruction industry. With annual revenue of around £1.5bn, Keller hasapproximately 8,000 staff world-wide. Keller is the clear market leader in the US and Australia; it has primepositions in most established European markets; and a strong profile in manydeveloping markets.
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