Chip Eng Seng (CES)

Management & Corporate Governance

Regulator probes Chip Eng Seng's 2018 married deal with Tangs

SINGAPORE (Sept 23): A married deal last year between the Lim family controlling Chip Eng Seng (CES) and billionaire couple Gordon and Celine Tang, has come under the scrutiny of the Securities Ind

Joint ventures and alliances

Chip Eng Seng in agreement with UK Perse School to start Singapore branch

SINGAPORE (July 4): Chip Eng Seng’s wholly owned subsidiary, CES Cambridge (CESC) has entered into an agreement with The Perse School Cambridge International (TPSCI) regarding the establishment of

Property

Chip Eng Seng in joint $47.5 mil investment of China distressed property company

SINGAPORE (June 15): Chip Eng Seng and controlling shareholder Haiyi Investment are jointly investing RMB240 million ($47.5 million) in a distressed property company based in Taicang city in Jiangs

Results

Chip Eng Seng posts 84% higher 1Q earnings of $11.3 mil on property development, hospitality segments

SINGAPORE (May 7): Property group Chip Eng Seng reported 1Q earnings of $11.3 million or 1.8 cents, 84.6% higher compared to $6.12 million, or 0.99 cents, a year ago due to higher sales.

Right Timing

Right timing: STI looks able to break out

SINGAPORE (Feb 1): Although the Straits Times Index moved sideways over the past five trading sessions, the index still looks able to challenge and break out above resistance and its 200-day moving

Broker's Calls

Why DBS remains cautious on Chip Eng Seng despite Kampong Java site win

SINGAPORE (Jan 17): DBS Group Research is forecasting property transaction volumes to fall 20% y-o-y to 7,500-8,500 units in 2019, and says it is possible for the property price index (PPI) to decl

Broker's Calls

DBS keeps Chip Eng Seng at 'fully valued' following positive 2Q earnings results

SINGAPORE (Aug 6): DBS is reiterating its “fully valued” recommendation on construction and property group Chip Eng Seng (CES), with a target price of 75 cents.

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