SU Group wins HK$18.8 million follow-on award for Hong Kong hospital project
SU Group Holdings said it won a follow-on award worth HK$18.8 million for a hospital expansion and upgrade project in Hong Kong, lifting the disclosed project total to about HK$107.3 million.
SU Group Holdings said it won a follow-on award worth HK$18.8 million for a hospital expansion and upgrade project in Hong Kong, lifting the disclosed project total to about HK$107.3 million.
What happened
SU Group Holdings Limited said on Aug. 26, 2026, that it secured a follow-on award for a hospital expansion and upgrade project in Hong Kong. The company said the new work is valued at HK$18.8 million, or about US$2.4 million.
SU Group said the award brings the disclosed contract value for the project to about HK$107.3 million, or US$13.7 million. That total includes a company-record HK$88.5 million contract, or about US$11.3 million, that it announced in July 2025.
Background
In its announcement, SU Group said the follow-on contract covers three integrated systems operating over the hospital's TCP/IP Ethernet network. The company did not list the specific systems in the text provided.
SU Group said it has more than two decades of experience in designing, supplying, installing and maintaining security and ELV systems in Hong Kong's public and private sectors. ELV refers to extra-low voltage systems, a category that can include communications, safety and building-control equipment.
What the company said
Chairman and Chief Executive Officer Dave Chan said the award is "a strong endorsement" of the company's execution and technical expertise. He said it also strengthens an important customer relationship and adds "critical patient-communication, power-quality, and lighting-management capabilities."
The company also said the project gives it added confidence and visibility into expected growth.
What happens next
SU Group did not give a completion date in the provided release. The company said the announcement included a standard forward-looking statements disclaimer under U.S. securities law.
Sources
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