Chip Eng Seng Clinches $32.9mil Upgrading Contract From HDB
The deal connects to the design and also build of enhancing projects for particular precincts in S’pore– particularly, Serangoon Ave 1/ Cntrl, Blocks 401 – 414; Serangoon Avenue 1/ Cntrl, Blks 415 to 427; Lengkong Tiga, Blocks 101 – 116 together with Ubi Ave 1, Blks 301, 302, 304, 305 and 306.
On 29Dec, Chip Eng Seng informed that the deal is going to be undertaken in 2 sections, with the first section associating the creation’s green light as well as generating of flyers and ballot materials.
The following segment will require the task of enhancing labors inside of the units pertaining to the abovementioned blks. With respect to this section, the achievement time period is 18 months to the Serangoon and Lengkong Tiga districts, and nine calendar months for the Ubi precinct.
“Job for the second part will kick off at the time of drafted ruling coming from Housing and Development Board,” revealed Chip Eng Seng.
The business anticipates the deal to efficiently add to its earnings per share in addition to its after deductions physical resources for the coming fiscal year concluding last day of 2021.