King Wan Corporation has raised $6.98 million in gross proceeds through its rights issue. The company, on March 31, proposed a renounceable non-underwritten rights issue of up to 349.18 million new shares at an issue price of 2 cents per rights share. On Sept 7, King Wan announced that it had receiv...

KING Wan Corporation's share price continued its dizzying climb on Thursday, after the company said on Wednesday night that ongoing talks on a potential joint venture to carry out retrofitting and upgrading solutions might be behind the recent trading activity.

SHARES of building services company King Wan Corporation 554 saw heavy trading for a second consecutive day, following the company's disclosure that there are ongoing discussions with a party to set up a joint venture (JV) to carry out retrofitting and upgrading solutions.

BUILDING services company King Wan Corporation 554 has said in a regulatory update that ongoing discussions with a party to set up a joint venture to carry out retrofitting and upgrading solutions could have caused the unusual volume movement in its shares.

King Wan Corporation's share price has surged up 44% to a high of 3.6 cents today, prompting a query from the Singapore Exchange Regulation (SGX RegCo). The query was issued at 2.55pm, with SGX RegCo flagging the ‘unusual volume movements’ for King Wan shares. As of 4.27pm, some 33.87 million Ki...

MAINBOARD-LISTED building and construction services provider King Wan Corp will be able to fulfil its payment obligations in the next 12 months, the board told the Singapore Exchange (SGX) on Thursday, after being queried on its financial position.

MAINBOARD-LISTED building services company King Wan Corp expects the mechanical and electrical (M&E) business to be sustainable in the year ahead, despite a challenging industry outlook, the management said in second-half financial statements on Thursday night.

Smart Nation has been firing on all cylinders since it started, and building citizen confidence will be crucial as its implementation scales up to achieve its vision, says Poon King Wang of Singapore University of Technology and Design.

SINGAPORE (Nov 13): King Wan Corporation has secured new mechanical and electrical (M&E) projects in Singapore worth a total of $25.2 million for the 3Q19 from July to September, the company announced on Wednesday. Including these new projects, the group’s order book stands at $169.4 million....

SINGAPORE (May 28): King Wan has secured new mechanical and electrical (M&E) projects in Singapore worth a total of $25.9 million for the period from January to March 2019. Of the new projects secured, one is the design and build of air-conditioning & mechanical ventilation and building man...