DEE Development Engineers Limited announced that its material subsidiary, DEE Piping Systems (Thailand) Co., Ltd., has received a Letter of Intent from an international customer for the prefabrication and supply of piping and supports for a project in Taiwan. The order, valued at approximately Euro 1.9 million (equivalent to INR 20 Crores), is for the supply and fabrication of piping materials. The execution of this contract is scheduled to be completed by May 2027. This development signifies a significant international contract for the company's subsidiary, reinforcing its global presence in the piping systems sector. The transaction is conducted at arm's length, and the company cannot disclose the customer's name due to commercial considerations.
