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OKP Last:0.78 -

OKP [5CF.si]

Am not vested.
Just sharing info.
I checked company past PRs on contract wins.
The most recent is a $87m contract and company released a PR.
So for the latest single contract win, company should issue a PR too since the contract is almost double in value.

newbie2019 ( Date: 26-May-2026 14:54) Posted:

Price not moving leh.

superstartup ( Date: 26-May-2026 11:45) Posted:

OKP awarded a huge contract by LTA.

Price not moving leh.

superstartup ( Date: 26-May-2026 11:45) Posted:

OKP awarded a huge contract by LTA.

looking good possibly to break above 90

Bitumen price has gone up 10% this month alone and almost 27% since begining of the year..
project may delay due to ME war.
.

OKP is damn strong in a bloodbath market. It' s behaving like there' s some unannounced contract wins.

SIAS query it keep so much profit for what high time to return some money to we all....

Lim and Tan brokering house cover this and gave target 91c .....

Anyone attended today' s AGM?
Can share any interesting topics?
Thanks.

My guess is that CS deperately needed to offload 49mn shares, but Ginko only needed 16mn shares.
So OKP got to step in to secure more buyers, in addition to Ginko.

shk363 ( Date: 23-Apr-2026 18:11) Posted:

so unusual. why did CS not sell to Ginko directly at 78.5???

Joelton ( Date: 23-Apr-2026 11:39) Posted:

OKP' s second largest shareholder cuts stake, AGT Partners is new substantial shareholder

OKP Holdings has seen a series of significant changes among the level of ownership of its shareholders. The road works contractor' s second largest shareholder reduced its stake substantially while a group of new shareholders have bought in.

On April 21, CS International, the company' s second largest shareholder, sold $23.87 million worth of shares via a married deal at just 48.5 cents each to Or Kim Peow Investments, the private vehicle used by the controlling Or family to hold the listed entity.

With the sale, CS International, an entity held by China Sonangol - which is known to have interests in Africa' s energy sector - has seen its stake in OKP reduced from 14.05% to 4.89%.

Concurrently, new shareholders have emerged, or increased their respective stakes.

Having bought the shares from China Sonangol, the Ors sold 16 million shares worth $11.76 million, at 73.5 cents each to Ginko-AGT Global Growth Fund.

With this, the fund, managed by AGT Partners, has increased its stake to nearly 35 million shares, or from 3.535% to 6.513%, emerging as a substantial shareholder.

Also, via a series of married deals of smaller amounts, Or Kim Peow Investments sold shares to other unnamed investors also at 73.5 cents each. Following which, reduced its stake to 55.58%.

OKP Holdings shares gained 14.38% year to date to close at 84 cents on April 22.

so unusual. why did CS not sell to Ginko directly at 78.5???

Joelton ( Date: 23-Apr-2026 11:39) Posted:

OKP' s second largest shareholder cuts stake, AGT Partners is new substantial shareholder

OKP Holdings has seen a series of significant changes among the level of ownership of its shareholders. The road works contractor' s second largest shareholder reduced its stake substantially while a group of new shareholders have bought in.

On April 21, CS International, the company' s second largest shareholder, sold $23.87 million worth of shares via a married deal at just 48.5 cents each to Or Kim Peow Investments, the private vehicle used by the controlling Or family to hold the listed entity.

With the sale, CS International, an entity held by China Sonangol - which is known to have interests in Africa' s energy sector - has seen its stake in OKP reduced from 14.05% to 4.89%.

Concurrently, new shareholders have emerged, or increased their respective stakes.

Having bought the shares from China Sonangol, the Ors sold 16 million shares worth $11.76 million, at 73.5 cents each to Ginko-AGT Global Growth Fund.

With this, the fund, managed by AGT Partners, has increased its stake to nearly 35 million shares, or from 3.535% to 6.513%, emerging as a substantial shareholder.

Also, via a series of married deals of smaller amounts, Or Kim Peow Investments sold shares to other unnamed investors also at 73.5 cents each. Following which, reduced its stake to 55.58%.

OKP Holdings shares gained 14.38% year to date to close at 84 cents on April 22.

Making money by brokering their own shares.

OKP' s second largest shareholder cuts stake, AGT Partners is new substantial shareholder

OKP Holdings has seen a series of significant changes among the level of ownership of its shareholders. The road works contractor' s second largest shareholder reduced its stake substantially while a group of new shareholders have bought in.

On April 21, CS International, the company' s second largest shareholder, sold $23.87 million worth of shares via a married deal at just 48.5 cents each to Or Kim Peow Investments, the private vehicle used by the controlling Or family to hold the listed entity.

With the sale, CS International, an entity held by China Sonangol - which is known to have interests in Africa' s energy sector - has seen its stake in OKP reduced from 14.05% to 4.89%.

Concurrently, new shareholders have emerged, or increased their respective stakes.

Having bought the shares from China Sonangol, the Ors sold 16 million shares worth $11.76 million, at 73.5 cents each to Ginko-AGT Global Growth Fund.

With this, the fund, managed by AGT Partners, has increased its stake to nearly 35 million shares, or from 3.535% to 6.513%, emerging as a substantial shareholder.

Also, via a series of married deals of smaller amounts, Or Kim Peow Investments sold shares to other unnamed investors also at 73.5 cents each. Following which, reduced its stake to 55.58%.

OKP Holdings shares gained 14.38% year to date to close at 84 cents on April 22.

Shareholder questions Singapore construction firm OKP&rsquo s large cash pile, board defends strategy

The company says maintaining a strong balance sheet, or financial position, is &ldquo fundamental&rdquo to operating in the construction sector

[SINGAPORE] Concerns over the sizeable cash reserves of construction and civil engineering firm OKP Holdings have been raised by a shareholder, prompting the group to justify its need for strong financial buffers to secure projects and manage risks.

Singapore Exchange mainboard-listed OKP said maintaining a strong balance sheet, or financial position, is &ldquo fundamental&rdquo to operating in the construction sector.

Questions submitted by the shareholder and the Securities Investors Association (Singapore), or Sias, ahead of the company&rsquo s Apr 28 annual general meeting, also touched on whether OKP could do more to enhance shareholder returns, including through share buybacks.

In response, OKP said it would &ldquo from time to time... evaluate capital management initiatives that enhance shareholder value&rdquo .

However, the company also stressed the need to maintain financial strength given the nature of the construction sector.

It added that the industry is characterised by long project cycles, uneven cash flows and risks such as delays and cost overruns.

Contractors are typically required to furnish performance bonds and meet liquidity thresholds to qualify for large public sector tenders, it said.

The company added that those unable to demonstrate sufficient financial capacity may not be invited to bid.

&ldquo Our cash reserves also serve specific operational purposes,&rdquo the group said, noting that its balance sheet strength allows it to execute projects without straining working capital and reduces reliance on credit during downturns.

Cycling path pipeline

Sias asked about OKP&rsquo s order book, a significant portion of which relates to cycling path network projects in Singapore, and how the company plans to replenish orders as those projects are completed.

As at Dec 31, 2025, OKP had S$588 million worth of orders in the pipeline, with projects extending until 2031.

The group replied that beyond cycling path networks, OKP will also pursue opportunities in other commuter transport-related infrastructure projects such as road works and drainage improvement projects.

It added that there are currently more than 730 km of cycling paths in Singapore, suggesting that about 570km remains to meet the Land Transport Authority&rsquo s 1,300 km target by 2030.

However, it was &ldquo unable to comment on how much of the cycling paths have yet to be tendered&rdquo .

It noted that while the company will continue to focus on construction and maintenance work, it will also explore diversification and strategic partnerships in Singapore and overseas.

Property disposals

Sias also queried OKP about the disposal of two freehold properties at Kampong Bahru Road for S$14.88 million, which was below their carrying value of S$15.6 million.

OKP said the sale followed arm&rsquo s length negotiations and was intended &ldquo to unlock value at an opportune time in view of the prevailing market conditions&rdquo , while strengthening its cash position and financial flexibility.

It added in its replies that property investment is not OKP&rsquo s core business, and reiterated its focus on construction and maintenance work in public sector civil engineering and infrastructure projects in Singapore.

&ldquo These areas provide stable demand and align well with the group&rsquo s technical strengths, capabilities and track record.&rdquo

OKP was asked whether the company has been able to keep raw material costs under control in the current environment, and if margins have already come under pressure.

In response, the company said construction materials made up about 12.1 per cent of cost of sales in 2025, down from 15.8 per cent in 2024, showing that the group is relatively insulated from swings in raw material prices.

As a result, margins have not seen any significant pressure from input costs, it said.

OKP added that it maintains strong relationships with suppliers and subcontractors to help it secure competitive pricing, while prices are locked in where possible to manage cost risks without compromising on quality.

Recently Lim & Tan covered this gave target price 0ne dollar , don' t know accurate or not...?

Hopefully more analysts will cover this stock soon.

SmallSmall ( Date: 23-Apr-2026 09:34) Posted:

They have accumulated > 3% before this latest married deal

newbie2019 ( Date: 23-Apr-2026 09:10) Posted:

It was because of Ginko' s remark last year that brought me to this share.
I wonder what took them so long to solidify their position

They have accumulated > 3% before this latest married deal

newbie2019 ( Date: 23-Apr-2026 09:10) Posted:

It was because of Ginko' s remark last year that brought me to this share.
I wonder what took them so long to solidify their position.

SmallSmall ( Date: 23-Apr-2026 08:46) Posted:

A year ago and a year later...
Ginko has now emerge as a substantial shareholder at 6.513% by buying 16 mil at $0.735

It was because of Ginko' s remark last year that brought me to this share.
I wonder what took them so long to solidify their position.

SmallSmall ( Date: 23-Apr-2026 08:46) Posted:

A year ago and a year later...
Ginko has now emerge as a substantial shareholder at 6.513% by buying 16 mil at $0.735

SmallSmall ( Date: 07-Mar-2025 13:22) Posted:

PE 4.736 X

Featured in latest issue of Edge
Construction Sector Stocks: A Closer Look at OKP Holdings and Hock Lian Seng
Gregory See of AGT Partners notes that while the construction sector as a whole is not undervalued, certain stocks within it remain attractively priced. OKP Holdings stands out with $124.3 million in free cash and cash equivalents as of December 31, 2024, nearly matching its $155 million market cap. This cash position, combined with investment properties backing its balance sheet, creates significant value. See adds that OKP's profitability and recurring income from maintenance contracts make it a compelling investment, despite the sector's challenges.
Hock Lian Seng is also highlighted as an undervalued play, with strong gross margins and a healthy balance sheet. While its results aren't as robust as OKP's, See believes its cheap valuation and cash position offer medium-term potential. The fund manager prefers OKP slightly due to its stronger recurring revenue model from maintenance contracts, which provides stability compared to project-dependent peers.
For more insights, refer to The Edge Singapore article by Albert Chua.

A year ago and a year later...
Ginko has now emerge as a substantial shareholder at 6.513% by buying 16 mil at $0.735

SmallSmall ( Date: 07-Mar-2025 13:22) Posted:

PE 4.736 X

Featured in latest issue of Edge
Construction Sector Stocks: A Closer Look at OKP Holdings and Hock Lian Seng
Gregory See of AGT Partners notes that while the construction sector as a whole is not undervalued, certain stocks within it remain attractively priced. OKP Holdings stands out with $124.3 million in free cash and cash equivalents as of December 31, 2024, nearly matching its $155 million market cap. This cash position, combined with investment properties backing its balance sheet, creates significant value. See adds that OKP's profitability and recurring income from maintenance contracts make it a compelling investment, despite the sector's challenges.
Hock Lian Seng is also highlighted as an undervalued play, with strong gross margins and a healthy balance sheet. While its results aren't as robust as OKP's, See believes its cheap valuation and cash position offer medium-term potential. The fund manager prefers OKP slightly due to its stronger recurring revenue model from maintenance contracts, which provides stability compared to project-dependent peers.
For more insights, refer to The Edge Singapore article by Albert Chua.

We can expect OKP trading higher later.

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OKP [5CF.si]