The board of directors of Hiap Seng Engineering Ltd. announced that it has been awarded two contracts worth approximately SGD 18.3 million for the provision of mechanical works in Singapore. The Works have commenced and are scheduled for completion as follows: plant construction of SGD 13.7 million due for completion by February 2017; plant maintenance of SGD 4.6 million due for completion by July 2016. Barring any unforeseen circumstances, the group expects a positive contribution to its earnings from the contracts but does not expect any material impact on the net tangible assets or earnings per share for the current financial year ending 31 March 2016.