Home/Publication/ShawKwei & Partners Adds PEC Ltd to Its Energy Engineering Platform
ShawKwei & Partners Adds PEC Ltd to Its Energy Engineering Platform 

07 May 2025

US$ 0.00

ShawKwei & Partners (ShawKwei)-controlled energy engineering solutions company Liberty Energy Solutions Ltd (Liberty) is to privatise Singapore-listed PEC Ltd (PEC) for S$214.1 m (US$160 m). Liberty will acquire a majority stake in PEC, with PEC’s management retaining a minority interest.

PEC is a Singapore-based maintenance and integrated engineering, procurement, and construction (EPC) service provider focusing on oil and gas, chemical and pharmaceutical industries.

Liberty is parent to Singapore-based CR3 Pte Ltd and US-based ZymeFlow LLC. The latter two entities were acquired by ShawKwei in 2021 and 2023 respectively. (Singapore)

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