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Nordic Group wins new contracts worth $40.8 million, to sell property for $3.5 milion

The Edge Singapore
The Edge Singapore • 1 min read
Nordic Group wins new contracts worth $40.8 million, to sell property for $3.5 milion
The property is carried on the books at $2.5 million
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Nordic Group has won new contracts worth $40.8 million, including from repeat customers in the marine, offshore oil and gas, petrochemical, semiconductor, infrastructure and security industries sectors.

In a separate announcement, the company announced the sale of a factory and warehouse at 24 Benoi Place for $3.5 million.

The property, deemed non-core, occupies a land area of 39,000 sq ft and has a remaining lease of 19 years.

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