GT Steel Construction Group has been involved in the design, supply, manufacture and construction of buildings in Singapore since 2003
The steel structures used include technical plants, industrial buildings, commercial buildings, government agencies and residential buildings. In addition, in some steel construction projects, the group also provides equipment installation and supporting services. At the same time, the group is also a Class S1 certified steel manufacturer by the Singapore Structural Steel Association. In the two years ending December 31, 2016, the group completed 31 steel structure projects, with an average contract value of about 1.6 million Singapore dollars. All of the revenue contribution items came from private customers.
Competitive advantage
The group is a specialist steel structure manufacturer with rich experience in Singapore
The track record shows that it can efficiently provide a reliable steel structure as scheduled
The group focuses on value engineering solutions, which makes it even more
Able to handle larger and more complex projects
Risk Factors
In view of the irregular nature of the group's contract, if it becomes impossible
The acquisition of new contracts may have a significant impact on the composition of financial performance
The group's failure to complete the project in a timely manner may affect financial expressions and
Reputation structure is significantly affected or may be subject to claims
Groups or meetings facing the Construction Industry Payment Security Law
Adjudication procedure
Use of proceeds
Approximately 48.2% was used to purchase additional steel manufacturing facilities in Singapore
Implement
Approximately 34.8% was used to purchase equipment to expand production capacity
Approximately 16% was used to hire additional personnel to support business expansion
Approximately 1% is used as general working capital