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The Competition Commission of Singapore (“CCS”) has issued an Infringement Decision against the following entities for their involvement in bid-rigging[1] in the tenders for the provision of:
a. electrical services[2] for the Formula 1 Singapore Grand Prix for 2015 to 2017 (“F1 Tender”),
i. Chemicrete Enterprises Pte. Ltd. (“Chemicrete”), Cyclect Electrical Engineering Pte. Ltd. (“Cyclect Electrical”) and Cyclect Holdings Pte. Ltd. (“Cyclect Holdings”) (together the “Cyclect Group”);
ii. HPH Engineering Pte. Ltd. (“HPH”); and
iii. Peak Top Engineering Pte. Ltd. (“Peak Top”).
b. asset tagging services for GEMS World Academy (Singapore) (“GEMS Tender”),
i. Cyclect Group; and
ii. HPH.
Further information on the investigation, analysis of the case and the basis of calculation of the financial penalty imposed on the infringing parties are set out in the Infringement Decision.
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