Figtree Holdings Limited has been awarded a RMB 65.0 million (approximately SGD 13.6 million) contract to design and build an industrial facility in China for Pano (Changshu) New Energy Technology Co. Ltd. The Facility for Pano is located at the Changshu High Tech Park, Changshu City, Jiangsu Province, China. As part of the project, the Group will design and build the headquarters and main manufacturing and distribution centre, comprising six storeys of ancillary offices and four storeys of manufacturing space. The gross floor area of the facility is approximately 36,500 square metres.