SINGAPORE (Nov 26): Mainboard logistics specialist Chasen Holdings has secured two new contracts in China through its wholly-owned subsidiary, Chasen (Shanghai) Hi-Tech Machinery Services.

Th contracts, worth a combined RMB34 million ($6.8 million) and awarded by a repeat customer, is for the provision of specialist relocation services in China for a flat-panel display production plant and a semi-conductor fabrication facility.

The RMB9 million move-in contract for the semiconductor fabrication plant requires Chasen to move equipment and machinery for the pilot line of the customer’s maiden wafer fab facility, located in Kunming, the capital city of Yunnan province.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook