The renamed OKH Global is largely controlled by Gordon and Celine Tang’s real estate firm
[SINGAPORE] Shares of construction firm GRC surged on Monday (Jan 5) morning after rising over the past week.
The counter rose as high as S$0.126 on Monday, up by 11.5 per cent or S$0.013 from S$0.113 on Friday, with some 37.9 million shares changing hands.
The stock has been on a tear over the past week. It is up 41.6 per cent or S$0.037 from its closing price of S$0.089 on Dec 29.
GRC, the listed construction arm of property developer SingHaiyi Group, was formerly named OKH Global. The company is a key contractor for Housing & Development Board projects.
It is largely controlled by the Tang Organization, the real estate giant owned by property tycoon couple Gordon and Celine Tang.
The Tang Organization holds a 65.43 per cent stake in GRC, according to a bourse filing in November 2025. It was previously known as Acrophyte and is the sponsor of Acrophyte Hospitality Trust .
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