Introduction
Chip Eng Seng Corporation Ltd (CES) is a construction and property group listed
on the mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST).
The Group’s construction business is undertaken by Chip Eng Seng Contractors (1988)
Pte Ltd (CESC) and CES Engineering & Construction Pte. Ltd. while CEL Development
Pte. Ltd. (CEL) is its property investment and development arm.
The history of Chip Eng Seng Group goes all the way back to the 1960s, when its
founder, Mr Lim Tiam Seng started the business as a building subcontractor for conventional
landed properties. With competitive pricing and quality work, the business grew
and the company began taking on the role of a main contractor. In 1982, the company
won its first Singapore Housing and Development Board (HDB) project as a main contractor.
With that, the company continued to establish its position in HDB public housing
construction.
In the 1990s, the Group diversified into property investment and development of
residential, commercial and industrial properties.
Today, Chip Eng Seng is one of Singapore’s leading construction and property group
with businesses spanning across construction, property development and property investment.
CES has won the “Most Transparent Company – Construction Category”,
of the Investors’ Choice Awards organized by the Securities Investors Association
(Singapore) (SIAS) over the past few years. These awards attest to our commitment to corporate transparency.
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