Chasen: Has won contracts for $4.7m for 2 relocation proj. The first relocation proj amts to $3.1m which is for turnkey relocation services from various global locations to Johor, Msia. This project for a global IT player will start in mid-Jul 2011 and expected to be completed by mid-Sept 2011...
The 2nd relocation proj is worth $1.6m was awarded by MNC electronic contract manufacturer to relocate from various global locations to Shenzhen, China. Co is a logistic provider with trailing P/E of approx 8.1x
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