Borrower summary

Incorporation: Incorporated in Jun 1980 (~38 years in business till-date) with an existing paid-up capital ("PUC") of S$53,322,732.54.

Business Nature:
The Borrowing Company is engaged in civil engineering and tunneling works in Singapore, and are listed on SGX. They provide a wide range of civil
engineering works such as road and drain construction, road maintenance, sewerage rehabilitation, soil improvement, excavation, laying of water
pipes, and other infrastructural works. Notable and award-winning civil engineering projects which they have completed include Gardens by the Bay,
Changi Ferry Terminal project, Alexandra Canal project and Seletar Aero Drive project. Existing projects which they are engaged in include the construction of a new road between Mariachi Viaduct & Adam Flyover (together with other related, ancillary projects) and sewerage scheme to phase out Nee Soon pumping station. The existing management team was appointed to the board in the second