Stock Track | CSE Global Soars 6.60% Intraday on $143.5 Million U.S. Contract Win
Stock Track
Jan 02
CSE Global (SGX:544) saw its stock price surge by 6.60% during Friday's intraday trading session following the announcement of a significant contract win.
The company secured contract variations worth $143.5 million from the U.S. for the design, engineering, fabrication, installation, and integration of power management systems for the American data center market. This deal is an extension of an existing contract with a hyperscaler customer, reinforcing CSE Global's position in the power management sector.
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