Thursday, 28 January 2016

SGX Stock Picks News: Koastal Eco Industries (KEI) Won a Contract worth VND43.7 billion

SGX Stock Picks: EMS Energy has reported that its auxiliary, Koastal Eco Industries (KEI), has been recompensed an agreement worth VND43.7 billion (around $2.8 million) by Vietnam Singapore Industrial Park Bac Ninh, a client in Vietnam, for the development of stage 2 of a sewerage treatment plant at the Vietnam Singapore Industrial Park.

The agreement is required to be finished in 1Q17. Also, KEI has been recompensed three other sewerage treatment framework contracts with a total estimation of VND23.5 billion (around $1.7 million) by three other Vietnamese clients in January 2016. The gathering is relied upon to perceive the greater part of the income for the aforementioned contracts for the current money related year finishing 31 December 2016.

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