Welcome!
Chip Eng Seng Corporation (Chip Eng Seng)
Results
Chip Eng Seng says it expects to report a net loss for 2HFY2022 in profit guidance
The company expects to report an overall net profit for its FY2022.
February 08, 2023
Property
Park View Mansions to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $260 mil
Park View Mansions was launched for collective sale by public tender on June 20 with an asking price of $260 million.
July 28, 2022
Contracts
Chip Eng Seng secures contract worth $67.5 mil through 55%-owned JV company
The contract is in relation to the construction of an industrial wastewater plant in Malaysia.
May 12, 2022
Results
Chip Eng Seng narrows 2HFY2021 losses to $31.6 million, plans 2 cents dividend
A key reason for the losses was from a $14.4 million impairment recognized for its education joint venture in China
February 16, 2022
Results
Chip Eng Seng to report net loss for FY2020
Based on its preliminary review, the company says it expects to incur a wider net loss for FY2020 compared to 1HFY2020.
January 11, 2021
Chip Eng Seng announces opening of two pre-school centres in Singapore
SINGAPORE (Jan 3): Chip Eng Seng Corporation reported the opening of two pre-school centres in Singapore on Wednesday.
January 03, 2019
Broker's Calls
Sales momentum to turn cold; en-bloc activity to wane as developers rethink strategies
SINGAPORE (July 6): After warning of “market exuberance” in the property market for the past six months, the Singapore government has finally raised Additional Buyer’s Stamp Duty (ABSD) rates by 5 ppts and tightened Loan-to-Value (LTV) limits by 5 p
July 06, 2018
Results
Chip Eng Seng reports 30% fall in 1Q earnings to $6.1 mil on lower sales from construction
SINGAPORE (May 4): Chip Eng Seng, the property developer and construction firm, reported 1Q earnings fell 30% to $6.06 million from $8.6 million a year ago.
May 04, 2018