We have more than 20 years of experience in the construction industry with its construction business undertaken via Poh Lian Construction Pte Ltd ("PLC") which mainly operates in Singapore. PLC has successfully established itself as a reliable contractor with a strong track record and as one of the preferred high quality main contractors for upscale residential development given the quality of its workmanship, safety emphasis and standards and environmentally friendly practices. As a certified A1 contractor, PLC is able to tender for public sector projects of unlimited value.

For year 2007, PLC's order book reached a high of S$356 million, thanks to the record high of S$289 million new projects secured for the year. As of March 2008, the order book escalated to S$550 million, giving PLC a very strong project pipeline. PLC has completed many projects such as the IKEA Warehouse, Urbana Condominium, Beauford Condominium and Cosmopolitan Condominium. Other prestigious projects procured and in the development pipeline are Buckley 18 Condominium, Newton One Condominium, Ardmore II Condominium, The Solitaire Condominium, The Trillium Condominium and Green Meadows Condominium.

PLC's corporate slogan, "Take Pride, Build It Right" exemplifies its holistic approach to business and human capital management. During the year, PLC implemented several initiatives to enhance its quality assurance and control systems. PLC was awarded with several accolades such as the Safety Award (Gold) for inculcating the best safety practices at construction sites, Green Mark Gold Plus award for adopting environmental friendly approach to construction, Best Buildable Design Award (Gold) for innovative designs as well as a nomination for Excellent Buildable Design from numerous statutory authorities, including the Building and Construction Authority (BCA) and premier developers. PLC also received a Singapore OK certification for adopting hygienic and environmental friendly practices at construction sites. Going forward, PLC will continue to enhance the quality of its workforce by organizing campaigns related to innovation, green work place, safety, and building excellence efforts as well as striving for industry standard certifications to maintain and improve its position as the preferred Class A1 main contractor in Singapore.

PLC is currently BCA certified for ISO 9000 Quality Management System, ISO 14000 Environmental Management System and OHSMS Occupational Health & Safety Management System. Total construction contracts in Singapore reached approximately S$19 billion in 2007 and analysts expect that the demand is likely to sustain at this high level in 2008 and 2009. The sharp increase in construction demand coincides with a global surge in construction activities, especially in China, India, and the Middle East. Indicators of demand like contracts awarded and loans to the construction sector are expected to show stronger readings too.