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SINGAPORE : PEC inks S$45m contract
Publish Date : 04-Oct-2011
Recently PEC Ltd announced that it has signed a S$45 million contract with JGC Corporation.Under the terms of the contract, PEC will provide steel structure erection, piping, as well as electrical and instrumentation works for a refinery in Singapore for an oil major.
Including the latest deal, PEC\'s book order has surpassed S$300 million. The company expects the contract to have a positive impact on the group\'s performance for the year ending June 30, 2012.
