Chip Eng Seng Clinches $32.9mil Upgrading Contract From HDB
The agreement in regards to the design plus build of improvement plans for certain districts in SG– that is, Serangoon Avenue 1/ Cntrl, Blocks 401 to 414; Serangoon Ave 1/ Central, Blocks 415 – 427; Lengkong Tiga, Blocks 101 – 116 and also Ubi Avenue 1, Blocks 301, 302, 304 – 306.
During 29 Dec 20, CES revealed that the written agreement will be conducted in two portions, with the leading portion associating the model’s endorsement including generating of leaflets and also polling papers.
The subsequent section will require the task of improvement jobs inside the units of the abovementioned blocks. Intended for this part, the finalization phase is eighteen calendar month toward the Serangoon and Lengkong Tiga precincts, and nine mths for the Ubi area.
“Work for the 2nd part will begin at the time of written order via Housing and Development Board,” stated Chip Eng Seng.
The organization hopes for the contract to efficiently add to its revenues per share along with its net physical assets for the coming financial year closing 31Dec 21.