Wednesday, February 9, 2011

Hiap Seng Engineering upgraded to 'trading buy' by CIMB

CIMB in a Feb 8 research report says: "Hiap Seng has secured a Letter of Intent (LOI) for an EPC contract of $10.3 million for the Tembusu Wastewater treatment plant on Jurong Island. The LOI is expected to be formalised within 30 days.

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