Mainboard-listed CSE Global Ltd on Monday announced two new projects clinched by its subsidiaries worth about S$26 million in total.
The technology company said that its wholly owned Singapore unit, CSE Transtel (Singapore), secured its third telecommunication order as part of the Inpex project in Australia.
Its wholly owned UK subsidiary, CSE-Controls Ltd, was also recently awarded a contract in the UK defence sector. The contract was \"secured due to our ideal locations and capability to provide a full turnkey solution to meet the client requirements,\" it said.
\"These projects will have a positive impact on CSE\'s profit for the 2013 and 2014 financial years,\" it added.
The technology company said that its wholly owned Singapore unit, CSE Transtel (Singapore), secured its third telecommunication order as part of the Inpex project in Australia.
Its wholly owned UK subsidiary, CSE-Controls Ltd, was also recently awarded a contract in the UK defence sector. The contract was \"secured due to our ideal locations and capability to provide a full turnkey solution to meet the client requirements,\" it said.
\"These projects will have a positive impact on CSE\'s profit for the 2013 and 2014 financial years,\" it added.