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| Name | Symbol | Market | Type |
|---|---|---|---|
| Jardine Matheson Holdings Ltd (PK) | USOTC:JMHLY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.06 | -0.16% | 36.52 | 36.27 | 36.79 | 36.80 | 36.27 | 36.50 | 20,032 | 21:00:47 |
From Sep 2019 to Sep 2024
LONDON--Balfour Beatty PLC (BBY.LN) an international infrastructure group, said Wednesday that its Hong Kong based joint venture Gammon Construction has won two building contracts with a combined value of 300 million pounds ($513.474 million).
Gammon Construction, a 50/50 joint venture with Jardine Matheson, has been awarded a GBP216 million contract by the Hong Kong Housing Authority for a public rental housing development in Tuen Mun in the New Territories, which will provide 4,600 flats in 33 to 38 storey towers and other community facilities. The project will be completed by 2016/2017, Balfour Beatty said.
The second contract, valued at GBP84 million, follows Gammon's previous work for Hong Kong Science Park Phases 3a and 3 billion.
The project will meet the stringent Hong Kong Building Environmental Assessment Method Plus Platinum standard, and will be completed by the end of 2015, the company added.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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