Chip Eng Seng

Chip Eng Seng: Awarded $137.7m HDB contract for building works at Bukit Panjang. The contract is for construction of 7 blks of residential buildings with 862 dwelling units and other community facilities with construction period at approx 33 mths. As of June-end 2012, co’s outstanding orderbook was approx $364m. Currently trades at P/B of 0.7x