Acromec

Life Science Incubator will provide flexible co-working laboratory spaces targeted at bio and pharma start-ups.

The project is scheduled to be substantially completed by the end of the FY2021 ending September.

The two companies operate businesses that complement each other

Acromec, a specialist engineering service provider, has secured a sub-contract worth $5.6 million for a client in the biotechnology research and development sector.

“This is a sizeable and longer duration project as compared to our other projects which typically runs for less than a year,” says Lim Say Chin, executive chairman and managing director of Acromec.

SINGAPORE (Jan 29): In a rare piece of positive news amid the wider gloom plaguing the market, Acromec has reported that it is in “advanced discussions” to win a potential “material contract”.

SINGAPORE (Dec 5): Acromec announced that its 80%-owned subsidiary Acropower has signed a binding letter of intent (LOI) with Chew’s Agriculture to build-own-operate a waste-to-energy power plant using chicken manure as feedstock.

SINGAPORE (July 13): Acromec has secured a contract valued at $2.9 million for the outfitting of a private day-surgery centre.

SINGAPORE (July 3): Acromec, the specialist engineering provider, has secured three new contracts amounting to about $6.2 million.

SINGAPORE (May 14): Specialist engineering services provider Acromec reversed out of the red with earnings of $64,000 in the half-year ended March, compared to losses of $2.4 million a year ago.