PEC wins S$132m refinery deal in the Middle East
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MAINBOARD-listed PEC Ltd, a plant and terminal engineering specialist, on Wednesday announced a S$132 million contract award for a refinery project in the Middle East.
The contract was awarded by a leading multinational corporation (MNC) client, PEC said. It will require the group to take up an extensive fast-track project scheduled to be completed by April 2016.
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