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[STOCK] CHIP ENG SENG CORPORATION LTD
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16-9-2013 8:39 PM
babylon Offline
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Cool: AWARD OF S$38.5 MILLION CONTRACT BY HOUSING & DEVELOPMENT BOARD FOR BUILDING WORKS AT TAMPINES NEIGHBOURHOOD 4 CONTRACT 27 (BALANCE OF WORK)

12-Aug-2013

The Board of Directors of Chip Eng Seng Corporation Ltd (the “Company”) is pleased to
announce that the Company’s wholly-owned subsidiary, Chip Eng Seng Contractors (1988) Pte
Ltd (“CESC”), has been awarded a S$38.5 million contract (the “Contract”) by the Housing &
Development Board (“HDB”) for the remaining building works at Tampines Neighbourhood 4
Contract 27.

The Contract comprises of the construction of 2 blocks of residential buildings with 289 dwelling
units and other community facilities which have been partially carried out by other contractor.
The construction period is approximately 13 months.

The Contract is not expected to have any material impact on the net tangible assets and
earnings per share of the Group for the current financial year ending 31 December 2013.

None of the Directors and, to the best knowledge of the Directors, none of the substantial
shareholders or controlling shareholders of the Company, has any direct or indirect interest in
the transaction.

Submitted by Chia Lee Meng Raymond, Executive Deputy Chairman and Group Chief Executive Officer on 12th August 2013 to the SGX.

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16-9-2013 8:41 PM
babylon Offline
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Cool: SECOND QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT

12-Aug-2013

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B642A5FC28A2C54848257BC500285354/$file/2Q2013_Announcement.pdf?openelement

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16-9-2013 8:43 PM
babylon Offline
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Cool: INCREASE OF SHAREHOLDING IN PH PROPERTIES PTE. LTD.

12-Aug-2013

The Board of Directors of Chip Eng Seng Corporation Ltd (the “Company”) wishes to announce
that the Company’s wholly-owned subsidiary, CEL Development Pte. Ltd. (“CEL”) has increased
its shareholding in PH Properties Pte. Ltd. (“PH”) from 50% to 100%.

PH was owned equally by CEL and VM Mauritius Holdings (“VM”), to jointly develop a
residential development located at 21 Peck Hay Road, now known as CityVista Residences.
CityVista Residences had been completed in 2010 and fully sold.

Pursuant to a Sale and Purchase Agreement, VM sold to CEL, all the entire 500,000 issued and
paid up share capital of PH at a consideration of $450,000.

The above transaction is not expected to have any material impact on the net tangible assets
and earnings per share of the Group for the current financial year ending 31 December 2013.

None of the Directors and, to the best knowledge of the Directors, none of the substantial
shareholders or controlling shareholders of the Company, has any direct or indirect interest in
the transaction.


Submitted by Chia Lee Meng Raymond, Executive Deputy Chairman and Group Chief
Executive Officer on 12
th
August 2013 to the SGX.

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5-11-2013 8:03 PM
AhLoy Offline
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Chip Eng Seng Q3 net profit down 10% to S$27.2m

Published November 05, 2013

CONSTRUCTION group Chip Eng Seng reported a net profit of S$27.2 million for its third quarter ended Sep 30, down 10 per cent from S$30.3 million a year ago.

Revenue was down 65.8 per cent to S$89.9 million, from S$262.7 million a year ago.

The significant decrease in revenue was due to its property development segment, which in Q3 2012 recognised results from the delivery of completed residential units of Australian development project 33M.

But net profit did not drop as much due to the company recognising S$27.9 million in its share of results from associates. Profit was recognised for a completed joint venture development, Punggol executive condominium Prive, which had obtained its Temporary Occupation Permit (TOP) in July.
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5-11-2013 8:05 PM
AhLoy Offline
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Published November 05, 2013

Chip Eng Seng Q3 net profit down 10% to S$27.2m

CONSTRUCTION group Chip Eng Seng reported a net profit of S$27.2 million for its third quarter ended Sep 30, down 10 per cent from S$30.3 million a year ago.

Revenue was down 65.8 per cent to S$89.9 million, from S$262.7 million a year ago.

The significant decrease in revenue was due to its property development segment, which in Q3 2012 recognised results from the delivery of completed residential units of Australian development project 33M.

But net profit did not drop as much due to the company recognising S$27.9 million in its share of results from associates. Profit was recognised for a completed joint venture development, Punggol executive condominium Prive, which had obtained its Temporary Occupation Permit (TOP) in July.
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5-11-2013 8:28 PM
alleggsinonebasket Online
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Another good growth stock but a bit over priced at the moment. Hope it'll correct somewhat for me to grab some
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5-11-2013 9:41 PM
JQK Online
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Posts: 250
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NTA at 72c. Curious what is its Realisable NAV ....

Any bro or sis know when recognition of profit will begin for 100 Pasir Panjang and Alexandra Central? Any estimated EPS for AC?

Profit for Belysa and Tower Melbourne will only come in upon TOP, while guess-timate for Nine Residences' EPS is 7-8c, anyone?
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5-11-2013 9:51 PM
JQK Online
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Smart to focus on commercial real estate .... notworthy
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3-3-2014 3:18 PM
valueinvestor Offline
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http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content&B=AnnouncementLast3MonthsByCompanyNameAndCategory&F=1063055#.UxQspNzA0SM
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16-3-2014 1:30 AM
precisinvest Offline
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Check out Précis Investments at http://www.PrecisInvesments.com
We help beginners kick start their investing and trading journey.
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