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TEE awarded S$95m in new contracts
TEE International, together with its subsidiaries and associated companies, was awarded new engineering contracts worth about S$95 million from August to September 2016, bringing the group's total outstanding order book to about S$324 million.
TEE's wholly-owned subsidiary, PBT Engineering Pte Ltd, was appointed the main contractor to provide addition and alteration (A&A) and extension works to AXA Tower, a 52-storey landmark Grade 'A' office development along Shenton Way. The scope of work includes architectural, structural, landscape and mechanical & electrical services (M&E), which will be completed in phases over thirty-three months from the commencement date.
Another contract was awarded to TEE to perform A&A and interior fit-out works for PSB Academy's new campus at Marina Square Shopping Mall. The campus will span more than 100,000 square feet across two floors and works are expected to be completed by the first quarter of 2017.
In addition, TEE was appointed by Or Kim Peow Contractors (Pte) Ltd, a wholly-owned subsidiary of SGX mainboard-listed company OKP Holdings, to provide M&E and associated works at Seletar Airport, which is currently building its new passenger terminal building to accommodate growth in air traffic. This M&E contract adds to the company's track record of having done airport-related A&A works for the Changi Airport Group.
TEE deputy managing director Eric Phua said: "In times of economic headwinds, being awarded these new contracts bear testament to our strive for quality services. We are determined to enhance our track record as a trusted partner in the engineering industry and will continue to pursue more contracts with both repeat and new customers."