Chip Eng Seng has, through its 55%-owned joint venture company (JVCo), H+E Technologies, secured a contract worth $67.5 million from the Exyte group.
The contract is in relation to the construction of an industrial wastewater plant in Malaysia. Exyte is the main contractor for the project.
The works to be performed by H+E Technologies under the contract is primarily for the supply, installation, testing and commissioning of wastewater treatment systems for the project.
The works are slated to be completed by June 2023.
Shares in Chip Eng Seng closed 1.5 cents lower or 3.49% down at 41.5 cents on May 12.
