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Chasen Holdings clinches four new contracts worth $10.6 million

Published on Jan 7, 2014 9:58 PM
 
Mr Low Weng Fatt, managing director and chief executive of Chasen Holdings. Specialist relocater Chasen Holdings said on Tuesday that it won four new contracts worth $10.6 million in its third quarter ended Dec 31. -- FILE PHOTO: CHASEN HOLDINGS

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.

 
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