Soilbuild Construction Group Ltd. has clinched a $647.5 million construction contract, bringing the Group's order books beyond $1.2 billion for the first time, the company said. SB Procurement Pte Ltd, a wholly owned subsidiary, has been awarded a contract for the construction of PSA Supply Chain Hub @ Tuas consisting of warehouse buildings, gate buildings, main intake substation and ancillary buildings at Tuas Port, Singapore. This development forms part of the Tuas Port and will be built to achieve Green Mark Platinum Super Low Energy, an eco-s sustainable rating for a building under the Building & Construction Authority (BCA)'s Green Mark Certification Scheme.

This rating recognises best-in-class performing Green Mark Building that achieves at least 60% energy savings. This project is expected to be completed by the third quarter of 2027 and will bring the Group's order book to approximately $1.23 billion. The contract secured is not expected to have any material impact on the consolidated net tangible assets per share and consolidated earnings per share of the Group for the current financial year ending Dec.

31, 2024.