ISOTeam announces contract wins worth S$20.8m
BUILDING maintenance company ISOTeam announced on Thursday that it has secured contracts totalling S$20.84 million.
This brings the total value of projects secured for the financial year ended June 30, 2021 to around S$63.10 million.
These projects are expected to be progressively completed by February 2024.
They include two interior design projects (worth S$9.98 million), two mechanical and electrical projects (S$8.88 million) and four coating and painting projects (S$1.98 million).
Said executive director and chief executive officer Anthony Koh: "After a watershed 2020, we are pleased to have regained momentum in securing new business; and we are optimistic that it can only get better from here."
"Amidst the ongoing macro-economic uncertainties and price pressures in the market, I believe our multi-disciplinary capabilities, sound track record and long standing customer relationships are key differentiators that will enable us to stand strong against the competition," he said.
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Shares of ISOTeam ended Thursday at 12.7 Singapore cents, down 0.1 cent or 0.8 per cent.
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