CSE Global Limited, a global systems integrator, has announced the acquisition of three significant contracts valued at US$124.6m (approximately S$161.7m) in the United States. These contracts involve the design and manufacturing of power distribution centres and the integration of complex electrical and control systems for the Liquefied Natural Gas (LNG) market, with execution planned between 2026 and 2028.
The contracts are set to bolster CSE Global’s growth in the electrification business segment, particularly in the US LNG market, which is experiencing rising demand. Lim Boon Kheng, Group Managing Director and CEO of CSE Global, stated, “Securing these new contracts is a reflection of CSE Global’s integration capabilities that are applicable across diverse sectors, and the confidence customers have in our execution track record.”
Whilst these contracts are expected to positively impact CSE Global’s financial performance from 2026 to 2028, they will not materially affect the company’s net tangible assets or earnings per share for the current financial year. None of the company’s directors or substantial shareholders have any direct or indirect interest in these contracts.
CSE Global, listed on the Singapore Exchange since 1999, operates in 15 countries with over 2,000 employees. The company is known for its expertise in electrification, communications, and automation solutions, serving a diverse range of industries globally.
