“The projects involve designing and manufacturing power distribution centres, as well as integrating complex electrical and control systems and equipment for the LNG market in the US,” says Yeo.
Citing positive prospects led by upcoming Amazon orders in the coming years, Alfie Yeo of RHB Bank Singapore is keeping his “buy” call on CSE Global (SGX:544
) with unchanged target price of $1.22.
In his Jan 13 report, he points out that CSE Global’s contract wins back in Dec 2025 includes a contract variation for an existing project with an existing hyperscaler customer, and three major electrification jobs worth US$124.6 million ($161.7 million).
