Chip Eng Seng Clinches $32.9mil Upgrading Contract From HDB
The written agreement in regards to the style and construct of progressing projects for various area in SG– namely, Serangoon Avenue 1/ Cntrl, Blocks 401 to 414; Serangoon Avenue 1/ Cntrl, Blks 415 to 427; Lengkong Tiga, Blocks 101 – 116 and Ubi Avenue 1, Blks 301, 302, 304, 305 and 306.
On 29 December, Chip Eng Seng revealed that the written agreement is going to be finalized in two portions, with the beginning portion entailing the creation’s green light plus producing of leaflets and polling materials.
The 2nd segment is going to involve the mission of improvement tasks inside the units in regard to the previously mentioned blocks. Regarding this component, the conclusion phase is seventy-two weeks to the Serangoon as well as Lengkong Tiga area, and 9 mths for the Ubi district.
“Services for the second component will start at the time of documented instruction via Housing and Development Board,” said Chip Eng Seng.
The contractor looks forward to the deal to favorably add to its earnings per allotment along with its net verifiable possessions for the coming financial year concluding last day of 2021.