Chip Eng Seng has won a $124m HDB contract to build five residential blocks in Sengkang. The contract also includes the construction of a multi-storey car park, with a planned community facility on the first floor and a precinct pavilion. Construction is expected to begin this month, and be completed by 2011. The new contract brings Chip Eng Seng's current order book to a total of $755 million. Earlier...
Chip Eng Seng
Construction firm Chip Eng Seng has reported a 40 percent rise in first-quarter net profit to S$8 million. Revenue rose 33 percent to about S$60 million, boosted mainly by its construction business. Chip Eng Seng's revenue from construction projects jumped 74 percent to S$52.5 million in the first quarter. But its other two divisions, property development and property investment, faired less well with...