SINGAPORE (Jan 4): Nordic Group has announced that several of its divisions have recently clinched contracts amounting to approximately $20.6 million in total from both new and repeat customers, comprising multinational companies (MNCs) and companies in the marine, oil and gas (O&G), infrastructure and petrochemical industries.

In a Thursday filing, Nordic says it does not expect the new contracts to have a material impact on its consolidated net tangible assets (NTA) per share and earnings per share (EPS) for the current financial year.

The highest-valued contract is at $10.8 million, effective for a period of three years from 26 Jan 2018 to 25 Jan 2021.

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