Lian Beng is a construction conglomerate in the making

With a construction order book of about S$1 billion (HK$5.7 billion) as of August last year and an expansive suite of construction-related businesses, Lian Beng can be considered one of the largest home-grown construction groups in Singapore today. 

"Our mission has always been to provide the best quality at the most competitive cost through value engineering," says Ong Pang Aik, executive chairman of Lian Beng.

His father, Ong Sek Chong, founded the company in 1973. At the time, it was a subcontractor for small-scale civil engineering projects. Since joining in 1978, Ong Pang Aik has steered the family business into larger-scale building construction. 

By the 1990s, the company had become a versatile main contractor. Its status as an A1-grade contractor with the Building and Construction Authority (BCA) enables it to participate in big-ticket projects. 

With its diversification into construction-related services such as engineering and scaffolding works and the leasing of construction machinery and equipment, Lian Beng was already a vested local frontrunner when it went public in 1999. Backed by an impeccable track record as a main contractor for all types of building construction, its value proposition is hard to match in terms of cost competitiveness and reliability.

Ong Pang Aik has received multiple awards for his business acumen and exceptional entrepreneurial achievements - skills that kept the company stable amid periodic market downturns.

The acquisition in 2001 of Deenn Engineering, an established design-and-build company, further augmented its core construction business. Together with Millennium International Builders (MIB), another wholly owned subsidiary, the group's expertise for upscale projects is well regarded in the industry.