Chasen Holdings, the relocation specialist with complementary technical/engineering capabilities listed on Catalist, says it has secured two design-and-build contracts worth RMB107 million ($21.6 million) through the group’s subsidiary, Shanghai FengChuang Enterprise Management Consultant Co. (SFEMC).

SFEMC will be designing and building factories in Shanghai and these projects are expected to be completed by 2011. SFEMC will be responsible for providing design and construction management services under the new contracts, while the two newly acquired subsidiaries, Shanghai ZhuangHe Construction Co. and Shanghai FengChuang M&E Equipment Co. will execute the projects.

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