Rotary Engineering wins S$64m contracts
MAINBOARD-LISTED Rotary Engineering announced before trading hours on Friday that it has secured contracts worth approximately S$64 million for the June-September period.
The company said these secured contracts are for smaller and more varied jobs beyond tank storage construction.
"Many of the new projects require integration of several engineering and construction skills such as piping, mechanical, electrical and instrumentation, metal and alloy fabrication, and HVAC (heating, ventilation, air-conditioning)," the company said.
Included in the contracts is a key project where Rotary served as the main contractor for the extension of a chemical storage and handling facility in the United Arab Emirates. Its work scope in the project included mechanical and piping, electrical and instrumentation, firefighting works, civil and structural works, utilities and HVAC works.
In Thailand, the group has also secured two contracts for fabrication works of oil and gas production-related modules. In addition, it has won an EPC (engineering, procurement and construction) contract for the revamp and capacity expansion of a grease-manufacturing plant in Samut Sakorn province.
Rotary's chairman and managing director, Roger Chia Kim Piow, said: "Our new wins reflect customers' confidence as well as Rotary's growing presence within the Middle East and Asia-Pacific region. We will continue to actively explore business opportunities and focus on delivering quality services."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Vodafone gets green light for 5 billion euros sale of Spanish business
US dollar slips after unexpected rise in US producer prices
TSMC says construction of first European plant on track to start in fourth quarter
ESR attempts to suspend Sabana Reit’s May 24 EGM
US: Wall St nearly flat at open after hot inflation data
Miyoshi chief executive charged over accounting irregularity