CSE grabs S$26m contract for Australia, UK

Time to pop the champagne.

According to the release, the Board of Directors of CSE Global Limited is pleased to announce that its wholly-owned Singapore subsidiary, CSE Transtel has secured the third Telecommunication order as part of the Inpex project in Australia.

The order further entrenches CSE Transtel as the leading Telecommunications System Integration partner of choice for customers in the resources sector.

CSE is also pleased to announce that CSE-Controls Limited, its wholly-owned UK subsidiary, has recently been awarded a prestigious contract in the UK defence sector.

The total value of these projects is approximately S$26 m.

These projects will have a positive impact on CSE’s profit for the 2013 and 2014 financial years. None of the directors or substantial shareholders of CSE has any interest, direct or indirect, in the contracts.