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.