Chasen Holdings clinches four new contracts worth $10.6 million
Specialist relocater Chasen Holdings said on Tuesday that it won four new contracts worth $10.6 million in its third quarter ended Dec 31.
The largest contract, valued at about $7.4 million, is to relocate a Korean company's manufacturing plant and warehouse management services to Guangzhou, China.
Separately, the company also said it will set up a new facility to provide one-stop services to original equipment manufacturers.
Mr Low Weng Fatt, managing director and chief executive, said that the new centre is a niche business and service which will add to the company's portfolio of integrated services.