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Acromec awarded two contracts totaling to $6.6 mil

Michelle Zhu Published on Fri, Dec 22, 2017 / 7:43 AM GMT+8

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SINGAPORE (Dec 22): Acromec, the specialist engineering service provider in the field of controlled environments, has secured two high-specification contracts worth $6.6 million in total.

With these wins, the group’s order book will increase to approximately $28 million, and the contracts are expected to contribute positively to the earnings per share (EPS) and net tangible assets (NTA) per share of the group for the FY18 ended Sept.

The first contract is from a pharmaceutical and specialty chemicals multinational company (MNC) to fit out a research and development (R&D) laboratory, which is housed in the MNC’s innovation hub supporting the R&D of its products.