UE E&C

UE E&C: Awarded a contract for $20.7m, for the supply and installation of air-conditioning and mechanical ventilation, building management, fire protection, electrical and engineering smoke control services for the 4-storey commercial development with 5 basements at Sengkang West Avenue / Fernvale Road at The Seletar Mall, developed by Kajima Overseas Asia Pte Ltd. UE E&C currently trades at 4.4x trailing P/E, 1.1x P/B.