Chip Eng Seng wins S$232.8m HDB contract to build residences in Woodlands
The contract will see a unit of the Singapore Exchange-listed organisation, Chip Eng Seng Contractors, undertake the construction of nine residential blocks at Woodlands.
SINGAPORE: A unit of mainboard-listed Chip Eng Seng Corporation won a S$232.8 million contract from the Housing and Development Board (HDB).
This agreement would see Chip Eng Seng Contractors construct nine residential blocks at Woodlands Neighbourhood 1, according to the press release on Monday (Nov 3). Works for this contract are expected to be completed in mid-2018.
In a filing to the Singapore Exchange (SGX), Chip Eng Seng said the group's order book stood at S$548 million as at Jun 30, 2014.
The company also stated that it is involved in other HDB projects, including those at Jurong West Neighbourhood 6, Bukit Panjang Neighbourhood 4 and Bukit Batok Neighbourhood 1.
- CNA/kk
- wong chee tat :)
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