Key Developments

• Secured New Projects Worth S\$61 Million: Lincotrade & Associates Holdings Limited has secured new commercial projects in Singapore, with a total contract value of S\$61 million in the July to September 2025 period.
• Order Book at Record High: The company’s order book has surged to a record S\$113 million as of 30 September 2025, up from S\$56 million a year ago, providing enhanced revenue visibility for the next two years.
• Leadership Restructuring: As part of leadership renewal, co-founder Mr. Jackie Soh has been redesignated as CEO, replacing Mr. Tan Jit Meng (Jimmy), who will remain as Managing Director of the main subsidiary.
• Strategic Focus on Commercial Projects: All newly secured projects are commercial in nature, further solidifying Lincotrade’s position in the commercial interior fit-out segment.
• Commitment to Sustainability: Lincotrade continues to emphasize environmental responsibility, using eco-friendly materials and maintaining certifications such as the Singapore Green Label.

Details and Analysis

Lincotrade & Associates Holdings Limited has made a significant stride in its business growth, reporting that it has secured S\$61 million in new commercial projects for the quarter ended September 2025. This achievement has propelled its total order book to S\$113 million, more than doubling the S\$56 million reported in the same period last year. These projects are all located in Singapore and are expected to be completed within the next two years, which enhances the company’s revenue visibility and underpins potential growth in earnings over the period.

The company’s strategic focus on pursuing commercial projects—such as offices, hotels, shopping malls, and F&B establishments—has clearly paid off, as reflected in the strong order book. According to CEO Mr. Jackie Soh, the new wins are a testament to the trust clients have placed in Lincotrade’s expertise and its commitment to quality and timely project delivery. He views the record order book as a transformative step that provides better revenue visibility and supports the group’s long-term value creation strategy.

Leadership Changes

In a move aligned with ongoing leadership renewal, the Board has promoted Mr. Jackie Soh from Business Development Director to CEO. Meanwhile, Mr. Tan Jit Meng (Jimmy) will step down as Managing Director of the holding company but will continue to serve as Managing Director of the main operating subsidiary. Both are co-founders with over 30 years of experience, ensuring continuity and experienced stewardship as the company pursues its next phase of growth. The leadership change is positioned as a way to accelerate strategic priorities and enhance operational performance.

Business Overview and Sustainability Initiatives

Established in 1991, Lincotrade is a specialist in interior fitting-out services, additions and alterations (A&A), and building construction, with a particular strength in the commercial segment. The company operates its own in-house processing facility for carpentry products and recently expanded into property development in Malaysia.

Lincotrade is also recognized for its sustainability efforts. The company’s environmental management system focuses on reducing energy consumption and construction waste. It utilizes environmentally friendly materials, such as laminates and veneers from recycled or reconstructed sources, and its wooden panel doors are certified under the Singapore Green Label, signaling a strong commitment to responsible business practices.

Implications for Investors

• Revenue and Earnings Visibility: The record-high order book of S\$113 million, with contracts scheduled for completion over the next two years, provides significant earnings visibility. This development could be price-sensitive and supportive of share value, as it reduces uncertainty regarding near-term financial performance.
• Leadership Transition: The appointment of a co-founder with deep operational experience as CEO, and the continued involvement of the other co-founder, suggests stability and continuity in management, which is typically positive for investor confidence.
• Sustainability Credentials: The company’s continued focus on environmental responsibility and green certifications may enhance its appeal to institutional and ESG-focused investors.

Overall, the combination of a robust order book, strategic leadership transition, and sustainability credentials marks a potentially transformative period for Lincotrade & Associates Holdings Limited. Investors should closely monitor the execution of these new contracts and any further leadership or strategic developments, as these are likely to have a direct impact on the company’s future performance and share price.

Contact and Additional Information

For more details, visit Lincotrade’s official website or contact the company’s media representative, Mr. Alex Tan (Mobile: +65 9451 5252, Email: [email protected]).

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Investors should perform their own due diligence and consult their financial advisors before making investment decisions. The information herein is based on the company’s official press release and other public sources as of 17 November 2025.

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