HiapSeng: 87% owned subsi HS Compression & Process has been awarded 2 contracts approx US$9.4m (S$12.0m) for provision of Gas Compressor Skids. The contracts have commenced in Sg, and are due for completion and delivery to China in Apr 2011 and Middle East in Sept 2010…
Order book as of Nov 2010 is approx $132.0m and this will bring it to $144.0m. Note that co’s order book is on the decline from $207.0 in May and $166.0m in Aug 2010 and reported contract wins for prev half of year has been this one contract.
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