SINGAPORE, 19 September, 2011 – IT STARTED with a small contract for early works such as temporary facilities, ground preparation and civil works for a chemical plant. Following that initial assignment, mainboard-listed Rotary Engineering Limited (Rotary) has reeled in a multi-million contract to undertake construction of the chemical plant, based in Jurong Island.
The project, contracted with CCD (Singapore) Pte Ltd, relates to Taiwan-based Chang Chun Group’s initial investment of S$500 million to build a petrochemical plant on Jurong Island.
In addition, Rotary announced a slew of contracts of varying values that it has amassed over the months of July through September 2011. For confidentiality and competitive reasons, the Group is unable to provide a breakdown of the transactions that involve work across different disciplines, including engineering procurement and construction (EPC), maintenance and electrical and instrumentation services.
Did you invest in Econ Healthcare’s IPO? - When it comes to investing on SGX, I’m not a fan of companies who delist only to re-list again later. Which is why I avoid their IPO, and tell you guys I h...
5 hours ago