INTRODUCTION

Chip Eng Seng Corporation Ltd (the “Group”), listed on the Mainboard of Singapore Exchange Securities Trading Limited (“SGX-ST”), is a multinational conglomerate company with businesses in construction, civil infrastructure, precast technology, property development and investment, hospitality, as well as education.

The Group was founded by Mr Lim Tiam Seng in the 1960s as a building sub-contractor for landed properties. In 1982, the Group scored a major breakthrough when it was appointed as main contractor for its first HDB (Housing Development Board) project. Over the years, it grew from strength to strength and diversified into the construction of private condominium and executive condominium projects, as well as engaged in precast fabrication.

Leveraging on its accumulated experience and know-how, the Group scaled up the property value chain to undertake property development and investment in the 1990s. Today, its property development and investment portfolio spans shophouses, residential, commercial, industrial and mixed-use development projects. To further diversify its business, the Group made its foray into the hospitality industry in 2015 and the education sector in 2018. In 2019, the Group started its civil infrastructure business with acquisition of an established design and build construction service provider to augment its construction business. Currently, the Group has business presence in Singapore, Malaysia, Vietnam, Australia, New Zealand and the Maldives.

The Group always strives for excellence on all fronts and has won various awards in workplace safety and health, construction quality, environmental protection and graciousness, productivity and innovation, as well as corporate transparency.