Secura unit wins S$10.7m security services contract
SOVERUS Pte Ltd, a wholly-owned subsidiary of Catalist-listed Secura Group has secured a S$10.7 million contract to provide unarmed security services to a Singapore multinational conglomerate.
The contract will run from Feb 1, 2021 to Jan 31, 2024, with an option for a further 12-month extension.
This brings Secura's order book of security guarding contracts to about S$41.1 million. Of that, about S$24.6 million of contracts is expected to be fulfilled by Dec 31, 2021 and the remainder by January 2024.
Shares in Secura closed up 3.03 per cent at S$0.068 on Wednesday before the announcement.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
AI salaries in Singapore rising 5 times faster than overall wages, fresh grads earn up to S$90k a year
Shopee cuts hundreds of developer jobs globally during pivot to AI
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
The tourism tug-of-war – concerts, cash and culture wars in Malaysia