13 Jun '17, 6am

Soilbuild invests in advanced construction technology | Property Market | PropertyGuru.com.sg

Soilbuild Construction Group has agreed to acquire a 70 percent stake in a Singapore- incorporated firm involved in the business of prefabricated pre-finished volumetric construction (PPVC), revealed an SGX filing on Monday (12 June). The shares in CS Corp Pte Ltd (CSC) were acquired by Soilbuild’s wholly-owned subsidiary SB Project Services Pte Ltd from existing shareholders Hiew Ching Yong and Swanhoff Pte. Ltd. Notably, the firm has developed a Concrete PPVC System – CSVC System (2016) – which has obtained in-principle acceptance for use in local building projects from the Building and Construction Authority (BCA) via the Building Innovation Panel. Soilbuild Executive Director Ho Toon Bah, said: “The group believes that embracing new technologies, adopting and implementing it in the course of our business is key to ensuring the group stays relevant and continues its gro...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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