SDC is a design and build construction service provider with a track record of undertaking various civil and building infrastructure projects.
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.
Chip Eng Seng Construction, a wholly-owned subsidiary of CES, has entered into a sale and purchase agreement with Sembawang Corporation, a wholly-owned subsidiary of (SCI), to acquire Sembcorp Design & Construction (SDC).
