Chip Eng Seng Corporation Ltd
Chip Eng Seng Corporation
Ltd (CES) is a construction and property group listed on the mainboard of the Singapore
Exchange Securities Trading Limited or SGX-ST. The group’s construction business
is undertaken by Chip Eng Seng Contractors (1988) Pte Ltd (CESC) while CEL Development
Pte Ltd (CEL) and CES Engineering & Construction Pte. Ltd. are its property investment
and development arm.
The history of Chip Eng Seng Group goes all the way back to the 1960s, when its
founder, Mr Lim Tiam Seng started the business as a building subcontractor for conventional
landed properties. With competitive pricing and quality work, the business grew
and the company began taking on the role of a main contractor. In 1982, the company
won its first Singapore Housing and Development Board (HDB) project as a main contractor.
With that, the company continued to establish its position in HDB public housing
construction. CESC is registered with the Building and Construction Authority of
Singapore under the A1 classification for general building construction. This is
the highest classification that allows CESC to tender for public sector projects
of unlimited value.
In the 1990s, the Group diversified into property investment and development of
residential, commercial and industrial properties. Today, Chip Eng Seng is one of
Singapore’s leading construction and property group with businesses spanning across
construction, property development and property investment.