ISOTeam Ltd. Secures S\$26.6 Million in New Contracts – January 2026 Update
ISOTeam Ltd. Secures S\$26.6 Million in New Contracts – January 2026 Update
Key Highlights
- ISOTeam Ltd. has announced the award of new contracts worth approximately S\$26.6 million.
- The Group’s total order book now stands at a robust S\$176.2 million as of 26 January 2026.
- The newly secured projects span across multiple segments and geographic locations in Singapore, with completion dates ranging from 2026 to 2029.
Detailed Breakdown of Contracts Awarded
ISOTeam Ltd. and its subsidiaries have successfully secured contracts in various business segments, further strengthening its market position in Singapore’s infrastructure and construction industry. The contracts include:
- Coating and Painting (C&P) Projects
- Number of projects: 2
- Total contract value: S\$1.8 million
- Locations: Changi East, Loyang Crescent
- Expected completion: July 2026
- Interior Design (ID) Projects
- Number of projects: 3
- Total contract value: S\$0.6 million
- Locations: Pasir Ris Link, Pagoda Street, Rifle Range Road
- Expected completion: February 2026
- Repair and Redecoration (R&R) Projects
- Number of projects: 4
- Total contract value: S\$13.4 million
- Locations: Boon Lay, Pioneer, Nanyang, Nee Soon Central, Sengkang East Way, Anchorvale Drive, Bedok Central
- Expected completion: September 2027
- Addition and Alteration (A&A) Projects
- Number of projects: 2
- Total contract value: S\$6.5 million
- Locations: Boon Lay Place, Fort Canning Park
- Expected completion: October 2027
- Landscaping (ILS) Projects
- Number of projects: 5
- Total contract value: S\$2.8 million
- Locations: Cheng San-Seletar, Paya Lebar, Serangoon, Jurong East, Changi
- Expected completion: March 2029
- Electrical Work (ELU) Project
- Number of projects: 1
- Total contract value: S\$0.5 million
- Location: Dover Crescent
- Expected completion: January 2027
- Renewable Solution (RS) Project
- Number of projects: 1
- Total contract value: S\$1.0 million
- Locations: Tuas View Circuit, Tagore Drive, Kaki Bukit Crescent
- Expected completion: June 2026
Implications for Shareholders and Potential Share Price Movement
- The award of these contracts significantly enhances ISOTeam’s secured revenue pipeline, providing visibility and certainty to future earnings over the next several years.
- The contracts cover diverse sectors (painting, interior design, electrical, landscaping, and renewable solutions), reflecting the company’s ability to win business across a broad spectrum of services.
- The strong total order book of S\$176.2 million suggests a healthy backlog and continued business momentum, which could positively affect investor sentiment and potentially drive share price appreciation.
- There are NO direct or indirect interests in the contracts by directors or controlling shareholders, other than through their shareholdings, ensuring transparency and good corporate governance.
- Barring unforeseen circumstances, these contracts are expected to progressively contribute to the Group’s financial performance, supporting both near-term and long-term growth.
Corporate Governance and Regulatory Disclosure
This announcement was prepared by ISOTeam Ltd. and reviewed by its Sponsor, Hong Leong Finance Limited. The Singapore Exchange has not examined or approved the content and assumes no responsibility for its accuracy.
For further information, the Sponsor’s contact person is Mr Kaeson Chui, Vice President, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, Telephone (65) 6415 9886.
Conclusion
The securing of S\$26.6 million in new contracts and the robust S\$176.2 million order book are positive developments for ISOTeam Ltd. Shareholders should closely monitor the company’s execution of these projects and any subsequent updates, as these events are potentially price-sensitive and may impact the company’s valuation moving forward.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are encouraged to conduct their own research and consult professional advisors before making investment decisions. The information herein is based on the latest company announcement and may be subject to change.
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