Logistics player Chasen Holdings has won contracts worth a total of $12.4 million, as it rides on the recovery of its clients in the manufacturing sector from the worst of the pandemic.
The first is a RMB40 million ($8.3 million) project to help an LCD maker in China to relocate while the second is a RMB14.3 million project for another LCD maker relocate.
Both projects are scheduled to begin in the second half of the calendar year 2021, and will be completed by March 2022 and May 2022 respectively.
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