Global Resource Construction Ltd. said on May, 25 2026 that its wholly owned subsidiary, Chip Eng Seng Contractors (1988) Pte Ltd, has won a civil engineering contract valued at about 95.7 million Singapore dollars from the Housing & Development Board.
The job covers major infrastructure works at Sembawang Contract 2 and is scheduled to begin in the second quarter of 2026, with a construction period of roughly 55 months.
The company expects the contract to contribute positively to its net tangible assets and earnings per share for the financial year ending Dec, 31 2026.