Our principal activities are construction in Singapore and Malaysia, and property development and property management in the PRC. We are main contractors in construction projects in both the public and private sectors in Singapore, and in the private sector in Malaysia. Our wholly-owned subsidiary, Kim Seng Heng Engineering Construction (Pte) Ltd, is currently registered with the Building and Construction Authority (“BCA”) with an A1 grading under the category CW01 for general building, which is currently the highest grade for contractors’ registration in this category, and allows us to tender for public sector construction projects of unlimited value.

Some of our notable private sector construction projects in Singapore include The Coast, The Berth By The Cove, The Spectrum, Montview, the Mustafa Shopping Centre extension and the restoration of Far East Square. Our public sector portfolio includes The Frontier Community Place, Choa Chu Kang Sports Complex, Nanyang Polytechnic and Tanah Merah Ferry Terminal. We entered the construction industry in Malaysia in June 2006 and secured a S$32 million contract that same month for the construction of an assembly plant in Selangor. More recently, we have secured a second S$7.2 million contract from Tan Chong & Sons Motor Co Sdn Bhd for the construction of a warehouse and office in Selangor.

We have an established presence in the PRC since 1997, where we are principally engaged in property development and property management. We have developed two properties in the PRC, being Tianxing Riverfront Square in Tianjin, undertaken by our subsidiary, Tianjin Tianxing Real Estate Development Co., Ltd. and managed by our property management arm, Tianjin Tianxing Property Management Co., Ltd. Liang Jing Ming Ju in Beijing, a mid-range condominium, was developed by our associated company, Beijing Jin Hua Tong Da Real Estate Development Co., Ltd.