The board of directors of Royal Deluxe Holdings Limited announced that the company has recently been awarded three formwork works projects (the ?Awarded Projects?) in October 2023. The Awarded Projects include (i) the public housing development in Kai Tak; (ii) the reinforced concrete structure of the ventilation building in Ho Man Tin; and (iii) the re-development of former State Theatre and State Theatre Building in North Point. The aggregate contract sum of the Awarded Projects is estimated to be approximately HKD 343 million.

It is currently expected that the Awarded Projects will commence before February 2024. Most of the Awarded Projects are expected to be completed in the second half of the financial year ended 31 March 2026.