SGX:5CF

OKP Holdings' Net Profit Rises 44% in H1 as Revenue Climbs 9%

OKP Holdings' (SGX:5CF) attributable net profit rose 44% to SG$27.5 million in the first six months of 2026 from SG$19.1 million a year ago, according to a Tuesday filing to the Singapore stock exchange.The company's shares were down over 1% in Wednesday's trade.Earnings per share in H1 climbed 44% to SG$0.0512 from SG$0.0356 a year earlier, the infrastructure and engineering company said.Revenue in the six months ended June 30 increased 9% to SG$113.8 million from SG$104.3 million a year ago.The company's board declared a one-tier tax-exempt special interim cash dividend of SG$0.006 per share, to be paid on Sept. 28 to the entitled shareholders.As at June 30, the group's order book stood at SG$727.3 million, with projects extending till 2031.

Singapore Shares Fall Over AI Investments Sustainability

Singapore shares fell on Tuesday, tracking broader regional losses as investors mirrored concerns over the sustainability of AI investments amid intense Chinese competition.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,577.43 and 5,625.27 throughout the day. It ended the session at 5,616.11, down 4.13 points or 0.1% compared to Monday's close.On the corporate front, shares of Keppel (SGX:BN4) closed nearly 3% higher as it surpassed its end-2026 interim target of SG$100 billion in funds under management after adding about SG$13.5 billion across its private infrastructure, real estate and connectivity funds year to date.OKP Holdings' (SGX:5CF) shares closed nearly 1% lower as its wholly-owned subsidiary, OKP Land, has incorporated a joint venture company, RPC One, with Hwa Seng Investment.Meanwhile, shares of CapitaLand Ascott Trust (SGX:HMN) were down nearly 1% at the close as it reported an 11% increase in first-half income available for distribution to SG$107 million.

OKP Holdings Arm Forms Joint Venture with Hwa Seng Investment

OKP Holdings' (SGX:5CF) wholly-owned subsidiary, OKP Land, has incorporated a joint venture company, RPC One, with Hwa Seng Investment, according to a Monday filing to the Singapore stock exchange.The transport infrastructure and civil engineering company's shares were down nearly 2% in Tuesday's trade.RPC One has been incorporated to undertake property development and property investment activities.The joint venture company has an issued and paid-up share capital of SG$2, comprising 2 ordinary shares, with OKP Land holding 50% or 1 share and Hwa Seng owning the other share.

KGI Securities Starts OKP Holdings at Outperform with SG$1.31 Price Target

KGI Securities Starts OKP Holdings at Outperform with SG$1.31 Price Target

OKP Bags Commuter Infrastructure Project Worth SG$165 Million

OKP (SGX:5CF) secured a commuter infrastructure works contract worth SG$165.3 million from Singapore's Land Transport Authority (LTA), according to a Thursday bourse filing.Shares of the civil engineering company were down nearly 1% in Friday trading.The 48-month contract covers the design and construction of lift shafts and associated commuter infrastructure at pedestrian bridges across the city-state.The latest award takes the company's order book to SG$760.7 million, the filing said.