Attika Group Secures S\$26 Million in New Contracts, Including Major Data Centre Project

Singapore, 24 November 2025 – Attika Group Ltd. (“Attika” or “the Company”), a provider of commercial interior decoration and MEP (Mechanical, Electrical, and Plumbing) engineering solutions, has announced a major business development: the award of three significant projects in Singapore worth a combined S\$26 million. This development is poised to reinforce the Company’s growth trajectory and may have implications for its share value, reflecting its strategic expansion into high-value, high-barrier sectors.

Key Highlights

• Three New Contracts Awarded, Worth S\$26 Million: The largest is an interior fit-out services contract for a data centre in Singapore, accounting for approximately 80% of the total contract value.
• Expansion into High-Specification Sectors: The other two contracts include a clean-room project for a global automotive and industrial technology company, and a 36-month term contract with the National Library Board (NLB) for library fit-out services.
• Industry Recognition: Attika has received a formal letter of commendation from Fortis Construction, highlighting its technical capabilities and effective delivery in complex data centre environments.
• Strategic Growth: The contracts support Attika’s strategy to target high-growth sectors with stringent technical requirements and significant barriers to entry, such as data centres and semiconductor clean rooms.
• Steady Public Sector Workflow: The NLB term contract is expected to ensure a consistent stream of projects for Attika over the next three years, further diversifying its revenue base.

Detailed Project Breakdown

1. Data Centre Interior Fit-Out Project – Singapore
   • Largest among the three contracts, valued at over S\$20 million (approx. 80% of combined value).
   • Reinforces Attika’s growing presence in the data centre sector, which is a key part of Singapore’s push to expand as a regional technology hub.
   • The contract follows the Singapore government’s recent announcement to build a 700 MW low-carbon data centre park on Jurong Island, further underscoring the sector’s growth potential.
   • Attika’s performance in this sector was independently validated by Fortis Construction, which praised the Company’s strong technical capabilities, professionalism, and adaptive approach in handling complex, high-specification environments.
2. Clean-Room Project – Automotive & Industrial Sector
   • Contract involves reinforcement works for floor loading at a validation laboratory in Ang Mo Kio Industrial Park 1.
   • Project is scheduled for completion by 31 January 2026.
   • The client is a global company specialising in automotive propulsion systems and clean, efficient technologies for combustion, hybrid, and electric vehicles.
   • This project marks an important milestone in Attika’s entry into the high-barrier clean-room market, aligning with its strategy to target advanced manufacturing and technology-driven sectors.
3. National Library Board (NLB) Interior Fit-Out Term Contract
   • 36-month term contract to provide interior fit-out services for Singapore’s libraries.
   • Includes an option for two additional 12-month extensions, potentially extending Attika’s involvement to five years.
   • Attika expects to undertake approximately one to two library upgrading projects annually under this contract, establishing a steady and predictable workflow from the public sector.

Strategic Implications for Investors

• Validation of Technical Expertise: Fortis Construction’s commendation is a significant endorsement, especially given its reputation for demanding standards in the data centre market. This independent recognition enhances Attika’s credibility and competitiveness for future high-value tenders.
• Exposure to High-Growth Sectors: By establishing a foothold in data centres and clean rooms, Attika is positioning itself in sectors with strong long-term demand and high barriers to entry, suggesting a positive outlook for future revenue growth.
• Diversified Revenue Streams: The blend of private sector (data centre and clean-room) and public sector (NLB) contracts reduces reliance on any single client or sector, enhancing stability and business resilience.
• Potential for Share Price Movement: These contract wins and endorsements may be seen as price-sensitive information, as they demonstrate Attika’s ability to secure large, complex projects and validate its operational excellence in high-specification environments. Investors may view this as a catalyst for re-rating the Company’s growth prospects and competitive positioning in Singapore’s construction and fit-out industry.
• Financial Impact: The Company states that these contracts are not expected to have a material impact on earnings per share or net tangible assets per share for the financial year ending 31 December 2025. However, they lay the foundation for longer-term value creation.

About Attika Group Ltd.

Attika Group Ltd., listed on the Catalist Board of the SGX since November 2024, specialises in commercial interior decoration and integrated MEP engineering. Operating its own carpentry workshop and employing a full-time team of skilled tradesmen and engineers, the Group provides end-to-end solutions for design, production, construction, project management, and maintenance. Attika holds nine Building and Construction Authority (BCA) workhead registrations, including the highest grade (L6) for Interior Decoration and Finishing Works, allowing it to tender for public projects without value limits. The Company’s growing reputation and proven track record in both public and private sector projects underpin its ongoing expansion.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. While the information is based on official company disclosures, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Investors are advised to perform their own due diligence and consult their financial advisors before making investment decisions.

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