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Chip Eng Seng unit wins $32.9 mil job from HDB

Jeffrey Tan
Jeffrey Tan12/29/2020 07:24 PM GMT+08  • 1 min read
Chip Eng Seng unit wins $32.9 mil job from HDB
The contract is expected to contribute “positively” to Chip Eng Seng's EPS and NTA only in FY2021 ending Dec 31.
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Chip Eng Seng Corp’s wholly owned subsidiary CES Engineering & Construction has clinched a $32.9 million contract from the Housing & Development Board (HDB).

The contract relates to upgrading works at the HDB blocks in Lengkong Tiga, Serangoon Avenue 1 and Ubi Avenue 1.

SEE:Watch out for dovish Fed as Dow crosses 23,000; IBM, Bombardier, Chip Eng Seng surge

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