Chip Eng Seng (CES)

The closing date of the offer is extended to 5.30pm on Jan 19.

SINGAPORE (Sept 23): A married deal last year between the Lim family controlling Chip Eng Seng (CES) and billionaire couple Gordon and Celine Tang, has come under the scrutiny of the Securities Industry Council.

SINGAPORE (July 4): Chip Eng Seng’s wholly owned subsidiary, CES Cambridge (CESC) has entered into an agreement with The Perse School Cambridge International (TPSCI) regarding the establishment of an elementary school in Singapore.

SINGAPORE (June 15): Chip Eng Seng and controlling shareholder Haiyi Investment are jointly investing RMB240 million ($47.5 million) in a distressed property company based in Taicang city in Jiangsu province, China.

SINGAPORE (May 7): Property group Chip Eng Seng reported 1Q earnings of $11.3 million or 1.8 cents, 84.6% higher compared to $6.12 million, or 0.99 cents, a year ago due to higher sales.

SINGAPORE (Feb 1): Although the Straits Times Index moved sideways over the past five trading sessions, the index still looks able to challenge and break out above resistance and its 200-day moving average now at 3,238.

SINGAPORE (Jan 17): DBS Group Research is forecasting property transaction volumes to fall 20% y-o-y to 7,500-8,500 units in 2019, and says it is possible for the property price index (PPI) to decline by up to 3% this year, and even further, should macro

SINGAPORE (Aug 6): DBS is reiterating its “fully valued” recommendation on construction and property group Chip Eng Seng (CES), with a target price of 75 cents.