Mencast forms JV, lands S$30m contract
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MENCAST is reaping more rewards from the goodwill it has built with its clients under two generations of business leaders.
The maintenance, repairs and overhaul-focused (MRO-focused) contracting group on Monday announced its biggest contract win so far - its newly formed joint venture with KSE Marine, a private-owned entity founded by a South Korean residing in Singapore, recently landed a deal worth in excess of S$30 million with a Singapore-based industrial property player.
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