contracts

The new DCS plant is expected to be completed in 2022.

As at Sept 30, CSE Global’s order book remained robust at $267.0 million.

The revenue from these contracts will be realised across the company’s metals and minerals, and the oil and gas sectors.

The contract is said to be "in line" with Keppel's Vision 2030.

The contract sums are not disclosed, due to the confidentiality of the agreements signed with Shell.

The contracts were signed through Keppel O&M's wholly-owned subsidiaries, Keppel AmFELS and Keppel Shipyard.

The project is the largest coal-to-glycol project under construction in the world. Delivery is expected to be completed in 2020 and will have a positive impact on the group’s financial performance in FY2020 and FY2021.

Out of the orders for the 12 vessels, six are firm orders worth US$126 million. These are accompanied by six option orders for identical vessels, to be exercised in three stages, two options each.

Boustead says the contract is expected to have a positive material impact on the profitability and earnings per share, in the current financial year ending March 31, 2021.

Mainboard-listed Chasen Holdings announced on July 30 that it has secured a total value of $21 million in contracts through its specialist relocation and its technical & engineering (T&E) business segment.