TEE International’s engineering arm clinches $73M worth of contracts

Its orderbook now stands at $493m.

Mainboard-listed TEE International Limited today revealed that its Engineering business has secured another S$73 million worth of new contracts in Singapore, bringing up its total outstanding order book to about S$493 million.

These new contracts include another contract from Changi Airport Group (Singapore) Pte Ltd in addition to the earlier contract announced on 17 July 2014, as well as a sub contract from the People’s Association.

Under the contract from CAG, TEE was awarded an approximately S$40 million project to carry out works for the proposed replacement of fixed gangway and interior design finishes for fixed gangway and passenger loading bridges at Terminal 1 and 2 of Changi Airport.

For PA, TEE is the nominated sub-contractor for the provision of air-conditioning and mechanical ventilation works for the proposed 6/7 Storey Civic & Community/Sports & Recreation Development, also known as, Tampines Town Hub, Singapore. The value of this project is approximately S$33 million.

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