Listing ID: 4885 Last Refreshed: 17/10/2019 Total Views: 8378
A rare opportunity to acquire a highly successful and profitable Electrical Engineering and Construction company in Singapore.
This is an Electrical Engineering and Construction company with a 26-year successful track record and first-class reputation. It is an on-going business with a complete professional team and effective systems in place.
The scope of services includes engineering design, computer drafting, installing, testing and commissioning works.
The company had carried out numerous 230kV and 66kV substation projects. These works involved shop drawing designs, CAD drafting, erection of power transformers, gas insulated switchgears, control & protection systems, I & C equipment and other associated equipment. The company also installs grounding & lightning protection systems, erection of cable supporting systems, laying and termination works for power and control cables as well as EHV cabling works.
In addition, the company had installed electrical systems for oil refinery and petro-chemical plants.
The founder of this business, who is the majority shareholder, has reached retirement age and now seeks a buyer who can continue and even expand the company he has carefully built over the years.
Current projects in Singapore, where the company focuses its activities, total SGD14.5 million.
It is evident that the ASEAN region is continuing its rapid growth. Indonesia, Thailand, Malaysia, Myanmar, Cambodia and Vietnam are already planning for huge investments in infrastructure, including power generation plants..
For a Buyer who is looking to expand this business, there are huge opportunities in the region that can be tapped.