Lian Beng Group
Laying the Foundations to Dream Even BiggerWriter: Emily JarvisProject Manager: James MitchellLian Beng Ltd remains cautiously optimistic of its core construction business, which promises to provide a sustainable flow of construction activities through to the end of 2017 via an impressive order book of S$821 million, as at November 2014. As one of Singapore’s major indigenous building construction Groups, Lian Beng is one of the few which has integrated its civil engineering and construction support service capabilities in order to offer an all-encompassing solution.The construction arm of the business has come a long way since opening its doors in 1973. The now-Executive Chairman, Ong Pang Aik joined his father to help run the family business in 1978, transforming the Company from a subcontractor undertaking small-scale civil engineering, to a building and construction authority (BCA) grade A1 main contractor operating across the property development, industrial, commercial and civil engineering subsectors.The A1 rating allows Lian Beng to tender for public sector building projects of unlimited contract value and similarly, its A2 grade in civil engineering allows the Company to tender for engineering projects of up to S$85 million in contract value.Apart from construction, Lian Beng also engages in property development, mostly through joint ventures. Some of its completed and ongoing property development projects include; Lincoln Suites, M-Space, Spottiswoode Suites, The Midtown & Midtown Residences, NEWest, KAP Residences, Eco-tech@Sunview and Hexacube. In addition, Lian Beng has also developed and presently operates a workers’ dormitory, through a joint venture at Mandai Estate.“While we have diversified into property development along with…
Lian Beng Construction
Home-Grown Construction Giants With its current growth strategy, Lian Beng are geared to become the largest home-grown Singapore construction group Writer Matt Bone Project Manager James Mitchell Established in 1973, Lian Beng group is one of Singapore's major home-grown building construction groups with integrated civil engineering and construction support service capabilities. The group is principally involved in the construction of residential, industrial and commercial projects and civil engineering projects as a main contractor. the company originally started with 5 supervisory staff and 20 general workers, and now have more than 400 workers with an annual revenue of about half a billion Singapore dollars. Jeffery Teo, Construction Director of the company, said of the company's diverse portfolio: "we are primarily a main contractor for general construction work, with a BCA grade a1 rating. Our construction support services also serve third parties such as other construction companies. Apart from construction, we also engage in property development, mostly through joint ventures." Lian Beng's status with the Building and construction authority (BCA) as an a1 grade contractor in general Building enables it to tender for public sector building projects of unlimited contract value, while its a2 grade in civil Engineering allows it to handle engineering projects of up to $85 million in contract value. Through its years of experience and solid track record, the group has also established a solid reputation for its ability to handle large-scale and complex projects. More Than Construction Lian Beng are an integrated construction group, with an extensive and comprehensive set of construction support service…
Lian Beng Construction
Dare to dream It pays to dream big. And dream big is what Lian Beng has done. Within the first four months of 2013, it has secured six construction projects worth about S$750 million, taking its orderbook to record highs. Construction Director Jeffrey Teo tells us more. Writer Ian Armitage Project manager James Mitchell In 1978, Ong Pang Aik joined his father to help run the family business. At the time, the company, Lian Beng, was a civil engineering sub-contractor. Mr Ong wanted more. He wanted to expand. It was his dream and a lot can be said for the power of the dream – he helped grow Lian Beng from a subcontractor that took on small-scale civil engineering a to a Building and Construction Authority Grade A1 main contractor, and subsequently to an SGX-listed company with close to $250 million in market capitalisation and an annual turnover of close to $450 million . Today Lian Beng's wholly-owned subsidiary, Lian Beng Construction, is the chief revenue driver. While it has gone into property development and continues to grow along the value chain into other construction support services such as ready mixed concrete, construction equipment and machinery leasing and engineering works, they are a secondary focus. "While we have ventured into property development and other fields, construction remains our group's main business, forming more than 75 percent of our turnover," Mr Ong said in a recent interview. Notable on-going construction projects include Thomson Grand, developed by the Cheung Kong Group from Hong Kong, Waterfront Isles, developed by…
Lian Beng Construction
Dare to dream It pays to dream big. And dream big is what Lian Beng has done. Within the first four months of 2013, it has secured six construction projects worth about S$750 million, taking its orderbook to record highs. Construction Director Jeffrey Teo tells us more. Writer Ian Armitage Project manager James Mitchell In 1978, Ong Pang Aik joined his father to help run the family business. At the time, the company, Lian Beng, was a civil engineering sub-contractor. Mr Ong wanted more. He wanted to expand. It was his dream and a lot can be said for the power of the dream – he helped grow Lian Beng from a subcontractor that took on small-scale civil engineering a to a Building and Construction Authority Grade A1 main contractor, and subsequently to an SGX-listed company with close to $250 million in market capitalisation and an annual turnover of close to $450 million . Today Lian Beng's wholly-owned subsidiary, Lian Beng Construction, is the chief revenue driver. While it has gone into property development and continues to grow along the value chain into other construction support services such as ready mixed concrete, construction equipment and machinery leasing and engineering works, they are a secondary focus. "While we have ventured into property development and other fields, construction remains our group's main business, forming more than 75 percent of our turnover," Mr Ong said in a recent interview. Notable on-going construction projects include Thomson Grand, developed by the Cheung Kong Group from Hong Kong, Waterfront Isles, developed by…
