IPS Securex Holdings Limited Secures S\$1.7 Million Contract
IPS Securex Holdings Limited Secures S\$1.7 Million Contract for Security Systems
Key Highlights
- Contract Awarded: IPS Securex Holdings Limited’s wholly-owned subsidiary, Securex GS Pte. Ltd., has been awarded a purchase order valued at approximately S\$1.7 million.
- Scope of Work: The contract covers the supply, delivery, installation, testing, commissioning, and maintenance of card access and closed-circuit television (CCTV) systems.
- Project Timeline: The contract is expected to be completed by March 2026.
- Board Confirmation: The Group has officially accepted the purchase order as of 16 December 2025.
- Shareholder Disclosure: No directors or substantial shareholders have any interest in the purchase order, other than through their shareholdings in the Company.
Details for Investors
IPS Securex Holdings Limited (“IPS Securex” or “the Company”), a Singapore-incorporated security solutions provider, has announced a significant business development through its wholly-owned subsidiary, Securex GS Pte. Ltd. The subsidiary has secured a purchase order with a total contract value of approximately S\$1.7 million.
The scope of this contract encompasses the end-to-end provision of advanced security infrastructure, specifically card access and CCTV systems. This includes not only the supply and delivery of the systems but also their installation, testing, commissioning, and subsequent maintenance. The comprehensive nature of this project is expected to reinforce the Group’s recurring revenue profile and underscores the Company’s expertise in security technology integration.
The contract is scheduled for completion by March 2026, providing the Group with a clear pipeline of work and revenue recognition over the next 15 months. This timeline signals continued operational activity and potential positive impact on the Company’s financial performance for FY2026.
Potential Price-Sensitive Information
- Revenue Visibility: The S\$1.7 million contract strengthens the Company’s order book and revenue outlook, which could positively influence investor sentiment and potentially move the share price.
- No Conflicts of Interest: The announcement confirms that none of the directors or substantial shareholders has any direct or indirect interest in the contract, apart from their shareholdings. This transparency is reassuring for investors.
- Regulatory Compliance: The announcement has been reviewed by the Company’s sponsor, United Overseas Bank Limited, for compliance with the SGX Catalist Listing Manual. However, it has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST), and SGX-ST assumes no responsibility for its contents.
Conclusion
This contract award is a significant development for IPS Securex Holdings Limited and may be considered price-sensitive as it enhances the Group’s financial visibility and demonstrates ongoing business traction in the security solutions sector. Investors should monitor subsequent disclosures regarding project execution and potential impact on the Company’s results for the upcoming financial periods.
Disclaimer: This article is provided for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors are advised to conduct their own due diligence and consult their financial advisors before making investment decisions.
View IPS Securex Historical chart here