Home THE DAILY EDGE Business ST Engineering wins $6.5m environmental engineering project in China
ST Engineering wins $6.5m environmental engineering project in China

Tags: ST Engineering

Written by The Edge   
Thursday, 24 December 2009 15:45
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ST Engineering says it has won a tender worth about RMB33 million (about $6.5 million) in Wuhan, China, for the design, build and delivery of a waste transfer station in Donghu Newtech Zone.

The project starts immediately and is expected to be completed by the third quarter of 2010. The contract is awarded to ST Environmental Services & Technologies Co. Ltd (STE&T), a wholly-owned subsidiary of STSE Engineering Services Pte Ltd (STSE).

Since its incorporation in July 2008, STE&T, which is located in Shanghai’s new Pudong area, has bagged contracts of about $12 million in China, including this latest win.

STSE specialises in providing turnkey environmental engineering solutions such as waste transfer technology and landfill management.

This contract is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

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Last Updated on Thursday, 24 December 2009 15:46