Electric Construction Company Seeking Loan in Singapore
Niche engineering business with proven track record seeks funding for a SGD 31 million project.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.44 million |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Electric Construction |
| Locations | Singapore |
| Local Time | 4:16 AM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
4.6 million
for
11.0%
annual interest,
1
year
(Native Currency: SGD 6,000,000)
Reason: We need funds to acquire excavators and lorries for the upcoming SGD 31 million cable laying project...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
760 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Inside Office with Brand Signboard
(92.1 KB)
Business Overview
- Singapore-based engineering, procurement & construction firm specializing in underground cable laying, now exclusively focusing on the robust power sector.
- Bagged a significant SGD 31 million project with Singapore Power, the largest contract to date, demonstrating strong industry capabilities and growth potential in electrical infrastructure.
- Despite no projects in the past six months, the company maintained financial resilience, generating SGD 3.2 million in revenue and SGD 400,000 in profits last year, highlighting robust fiscal management.
- Previous project experience includes successful completion of over 100 projects, valued at SGD 5.7 million and SGD 3.2 million, showcasing a strong track record in contract execution and client satisfaction.
- Transitioned from a full-time workforce of 40 to a leaner team of 10 (sold our equipment also), optimizing operational efficiency while retaining business agility and readiness for new projects.
- As an ACRA registered business, the company maintains compliance with Singapore's stringent legal and operational standards, ensuring credibility and trustworthiness.
- Strategic refocus on power systems aligns with growing regional demand for reliable energy infrastructure, positioning the company for long-term sustainable growth in Southeast Asia.
- Bagged a significant SGD 31 million project with Singapore Power, the largest contract to date, demonstrating strong industry capabilities and growth potential in electrical infrastructure.
- Despite no projects in the past six months, the company maintained financial resilience, generating SGD 3.2 million in revenue and SGD 400,000 in profits last year, highlighting robust fiscal management.
- Previous project experience includes successful completion of over 100 projects, valued at SGD 5.7 million and SGD 3.2 million, showcasing a strong track record in contract execution and client satisfaction.
- Transitioned from a full-time workforce of 40 to a leaner team of 10 (sold our equipment also), optimizing operational efficiency while retaining business agility and readiness for new projects.
- As an ACRA registered business, the company maintains compliance with Singapore's stringent legal and operational standards, ensuring credibility and trustworthiness.
- Strategic refocus on power systems aligns with growing regional demand for reliable energy infrastructure, positioning the company for long-term sustainable growth in Southeast Asia.
Products & Services Overview
We exclusively do underground cable and pipe laying projects.We used to do water, gas, telecom, and power projects but now focused only on power. Our clients are builders and government agencies in Singapore.
Assets Overview
Tangible assets include owned office worth SGD 800k, and other associated assets like office equipment worth SGD 200k.
Facilities Overview
We operate from an owned office in Singapore.
Capitalization Overview
- Outstanding loan of SGD 400k that is being serviced.- 100% of the business is owned by a single owner.
Recent Activity
-
Earlier than 15 daysConsultant, Management Consultancy, Singapore, Individual Investor / Buyer connected with the Business
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