OKP Holdings

What OKP Holdings does

OKP Holdings Limited is a Singapore-based infrastructure and civil engineering group founded in 1966 and listed on the SGX Mainboard under ticker OKP (SGX:5CF). Its operating core is the wholly-owned subsidiary Or Kim Peow Contractors (Pte) Ltd, which delivers road construction and maintenance, expressways, flyovers, vehicular bridges, airport runways and taxiways, and oil & gas infrastructure, supplemented by a design-and-build capability and minority property-development joint ventures. The go-to-market is direct competitive tendering into Singapore government agencies — primarily LTA, HDB, JTC, PUB, NParks, and CAAS/Changi Airport Group — with a reported historical tender award rate above 90%; ExxonMobil is the only named enterprise customer. Revenue is recognized progressively on long-duration, multi-year construction and maintenance contracts; pricing is project-specific and not publicly disclosed.

Underlying technology is conventional civil engineering augmented by Building Information Modeling (BIM) for productivity and supervisory workforce management. The group operates from its headquarters at 30 Tagore Lane and a Sungei Kadut Drive fabrication yard, holds ISO 9001, ISO 14001, ISO 45001, and bizSAFE certifications, and maintains specialized teams across Oil & Gas/Petrochemical, Airport Infrastructure, and Road Construction & Maintenance. Strategically, the company has pursued limited overseas optionality through joint operations (ACSET-OKP in Jakarta), a China Sonangol partnership for international infrastructure, a CIF Singapore JV targeting Africa, and an Anhui SIN-HK vehicle for Chinese municipal projects; in parallel, recent large LTA wins (S$87.3 million Jurong Region Line and S$165.3 million commuter infrastructure, both in 2026) have expanded the net construction order book to S$627.2 million with visibility through 2031, and Ginko-AGT Global Growth Fund has accumulated a 6.51% substantial stake citing the Singapore construction upcycle.

Name

OKP Holdings

Legal name

OKP Holdings Limited

Website

https://okp.listedcompany.com

Company type

Public

Founded year

1966

Operating status

Operating

Headcount range

501–1,000 employees

Short description

OKP Holdings is a Singapore-based civil engineering and infrastructure group that constructs and maintains roads, expressways, bridges, airport infrastructure, and oil & gas facilities, primarily under competitive tenders awarded by Singapore government agencies such as LTA, HDB, JTC, PUB, NParks, and CAAS.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Construction Contracts: OKP generates revenue primarily through the execution of construction and infrastructure projects awarded by government agencies and private sector clients. Revenue is recognized based on project completion stages, with projects typically lasting multiple years.
2. Maintenance Contracts: The company also earns recurring revenue from road and infrastructure maintenance contracts, providing a steady stream of work from public sector clients.
3. Design-and-Build Projects: Design-and-build projects give the company autonomy and flexibility in design, project management and labour management, contributing to higher profit margins through cost savings.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

OKP Holdings is a Singapore-based infrastructure and civil engineering contractor that builds and maintains arterial roads, expressways, vehicular bridges, flyovers, airport runways and taxiways, and oil and gas related infrastructure. The company secures work primarily through competitive tendering from government agencies such as the Land Transport Authority (LTA), HDB, JTC, NParks, PUB, and CAAS, and operates through specialized teams for road construction and maintenance, airport infrastructure, and oil and gas/petrochemical works.

Product overview

OKP Holdings is a Singapore-based infrastructure and civil engineering group that operates primarily through its wholly-owned subsidiary Or Kim Peow Contractors. The company functions as a single integrated construction services provider rather than a platform-with-modules architecture. Its core offerings span road construction and maintenance, airport infrastructure (runways and taxiways), oil and gas infrastructure, and civil engineering works for public sector agencies. The company also offers design-and-build project services and maintains a minority presence in property development through joint ventures. OKP Holdings maintains specialized teams for its three core business segments: Oil & Gas/Petrochemical, Airport Infrastructure, and Road Construction & Maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Road Construction and Maintenance Specialized construction and maintenance services for public sector roads, expressways, vehicular bridges, flyovers, urban and arterial roads, including expressway widening projects. Built on more than 40 years of experience in Singapore public sector road works, delivered to government clients such as the Land Transport Authority.
• Airport Infrastructure Construction Construction of airport runways, taxiways, and aircraft parking aprons for airport operators, including work such as the East (North) Aircraft Parking Apron and associated taxiways and ancillary works at Seletar Airport for Changi Airport Group.
• Oil and Gas Infrastructure Construction Civil engineering infrastructure works for the oil and gas sector, including construction at petrochemical plants and oil storage terminals on Jurong Island, delivered for clients such as ExxonMobil through the OKP (Oil & Gas) Infrastructure Pte Ltd joint venture with Rotary Engineering.
• Design-and-Build Project Services Integrated design and construction services for infrastructure projects that combine design responsibility with execution, including the Design and Build of Interchange at TPE/Sengkang West Road/Seletar Aerospace Way contract awarded by the Land Transport Authority in April 2011.
• Property Development Investments Minority-stake property development participation through joint ventures, including the Amber Skye luxury condominium at 21 Angullia Park and the Lake Life executive condominium.

Quantifiable outcome

• Order book of S$627.2 million as of March 2026 with projects extending through 2031
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered minor and core.

• ACSET-OKP Joint OperationminorStrategic or Co-development Partner · 1 January 2016Joint operation in Jakarta, Indonesia for potential construction contracts in Indonesia. The partnership was established to explore opportunities in the Indonesian construction market.
• Soil-Build (Pte) LtdminorStrategic or Co-development Partner · 1 January 2011Joint venture between OKP's wholly-owned subsidiary Or Kim Peow Contractors (Pte) Ltd and Soil-Build (Pte) Ltd for the construction of luxury condominium at 21 Angullia Park, valued at S$83.5 million.
• CIF Singapore Pte. Ltd.minorStrategic or Co-development Partner · 1 January 2010Joint venture for overseas projects. OKP was introduced to CIF Singapore by Mr Jimmy Leong Ying Wah, son-in-law of the Chairman. The JV planned to explore projects outside Singapore including Republic of Angola, Republic of Guinea, and Republic of Zimbabwe.
• China Sonangol International (S) Pte LtdcoreStrategic or Co-development Partner · 1 January 2009Strategic partnership through share placement that made China Sonangol a substantial shareholder. The partnership aimed to extend OKP's reach further afield into oil, gas, minerals investment, and national infrastructure construction projects. China Sonangol is a subsidiary of China Sonangol International Limited with headquarters in Hong Kong.
• CS Amber Development Pte LtdminorStrategic or Co-development Partner · 1 January 2009Joint venture for property development at 21 Angullia Park (luxury condominium project called Amber Skye). OKP holds a minority 10% stake through its wholly-owned subsidiary Or Kim Peow Contractors and Soil-Build joint venture.
• Lakehomes Pte LtdminorStrategic or Co-development Partner · 1 January 2009Joint venture partner for Lake Life executive condominium project. The project received overwhelming response and recorded strong sales performance, achieving TOP on December 30, 2016.
• Rotary Engineering LimitedcoreStrategic or Co-development Partner · 1 January 2007OKP formed OKP (Oil & Gas) Infrastructure Pte Ltd, a 55-45 joint venture with Rotary Engineering Limited to undertake civil engineering projects in the local oil and gas industry. The joint venture leverages synergies between both companies to generate new opportunities in the Oil & Gas sector.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Lum Chang Holdings: Singapore construction and property development company with civil engineering capabilities, including roads, bridges, and building works for both public and private clients.
• CSC Holdings (Singapore): Singapore-listed civil engineering contractor specializing in foundations, infrastructure, and building works, with similar exposure to government infrastructure tenders.
• Tiong Seng Holdings: Singapore-listed civil engineering and construction group; directly comparable as a local contractor for public-sector infrastructure including LTA projects, with overlapping customer base and project portfolio.
• Yongnam Holdings: Singapore civil engineering and structural steel specialist working on transport infrastructure and MRT projects, directly comparable in specialized civil engineering tenders.
• Woh Hup Holdings: Singapore-based construction company with long track record in civil engineering, building construction, and infrastructure projects for government and private clients.

Regional players

• Gamuda Berhad: Large Malaysian infrastructure and civil engineering group with comparable tunneling, expressway, and MRT project work — relevant as a Southeast Asian infrastructure peer at a different geographic focus.
• IJM Corporation: Malaysian construction and infrastructure conglomerate with road, highway, and building capabilities, comparable as a broader Southeast Asian civil engineering player.
• Hiap Hoe Holdings: Singapore-based construction and property development group with civil engineering and building capabilities, partially comparable through construction contracting overlap.

Broad incumbents

• China State Construction Engineering: Global construction incumbent with significant operations across Asia including Singapore infrastructure projects — relevant as a large-scale competitor in regional civil engineering tenders.
• Hyundai Engineering & Construction: Korean global EPC contractor active in Southeast Asian infrastructure projects, providing a benchmark for larger regional/international competition in Singapore public-sector tenders.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/okp-holdings-ltd-okp-

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OKP Holdings