Chip Eng Seng Corporation

As at June 30, the company’s construction arm has an order book of $1.4 billion

Chip Eng Seng’s carrying value of its 34.97% stake in Yuanda is $11.7 million

The property adjoins commercial properties and a hotel already purchased by Chip Eng Seng in 2018.

Chip Eng Seng says the contract is expected to contribute positively to its net tangible assets and earnings per share for the current financial year ending December.

SINGAPORE (Oct 2): Chip Eng Seng Corporation (CES) is acquiring Sembcorp Industries’ (SCI) commercial construction business unit for $49.9 million, both Mainboard-listed companies announced in separate SGX filings on Wednesday.

SINGAPORE (May 7): Phillip Capital is maintaining its “buy” call on developer Chip Eng Seng (CES) Corporation with an unchanged target price of $1.21, which translates to a P/NAV ratio of 0.95 times at the counter’s closing price of 93 cents last Fr

SINGAPORE (Feb 19): Phillip Capital is keeping its “buy” call on Chip Eng Seng (CES) with an unchanged target price of $1.21 on the back of strong revenue visibility in FY18.

SINGAPORE (Feb 14): DBS Group Research is keeping its “buy” recommendation on Chip Eng Seng Corporation (CES) with an unchanged target price of $1.18, on the back of its strong earnings visibility and the potential to unlock its undervalued hotel port

SINGAPORE (Nov 29): Chip Eng Seng Corporation (CES) has entered into contracts to acquire the Mercure & Ibis Styles Grosvenor Hotel in Adelaide, Australia as well as the adjoining commercial properties along Hindley Street for a total of A$43 million ($44

SINGAPORE (Nov 22): Chip Eng Seng, the construction and property group, is jointly acquiring two adjoining properties in South Perth, Western Australia, for A$10.9 million ($11.1 million).