Chip Eng Seng Clinches $32.9mil Upgrading Contract From HDB
The agreement pertains to the concept plus construct of upgrading tasks for a number of area in SG– that is, Serangoon Ave 1/ Cntrl, Blks 401 – 414; Serangoon Ave 1/ Cntrl, Blocks 415 – 427; Lengkong Tiga, Blks 101 – 116 and Ubi Avenue 1, Blks 301, 302, 304 to 306.
During Tue 29Dec, Chip Eng Seng made known that the contract is going to be completed in 2 segments, by having the first part involving the style’s green light plus generating of sales brochures as well as ballot documents.
The second portion is going to entail the process of enhancing labors inside of the units referring to the abovementioned blocks. Regarding this portion, the completion duration is 72 full week to the Serangoon as well as Lengkong Tiga precincts, as well as nine mths for the Ubi area.
“Job for the second section are going to get started at the time of written order from HDB,” revealed CES.
The business looks forward to the deal to positively help in its revenues per share along with its net substantial assets for the following financial year as at 31 December 2021.