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Secura Group wins $11.1 mil contract for unarmed guard security services

Samantha Chiew
Samantha Chiew • 1 min read
Secura Group wins $11.1 mil contract for unarmed guard security services
Secura secures $11.1 mil contract to provide security services for a Singapore MNC.
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Secura Group announced that its wholly-owned subsidiary Soverus has on Nov 2 been awarded a 36-months contract to provide unarmed guard security services for a consideration of about $11.1 million by a Singapore multinational conglomerate.

The contract is effective from Dec 1, 2021 to Nov 30, 2024, with an option to extend for a further period of two years.

Including this contract, the group's order book currently stands at $59.8 million for contracts from security guarding, of which approximately $5.4 million is expected to be fulfilled by Dec 31, 2021 and the remainder by August 2026.

See also: Yangzijiang Shipbuilding secures additional shipbuilding contacts for 22 vessels worth US$920 mil since 1HFY2025

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See also: Seatrium wins contract from Golar LNG to upgrade LNG platform

Shares in Secura closed 5.3% higher on Nov 3 at 7.9 cents.

Photo: Pexels

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