Dezign Format Group has reported an order book of $26.6 million as at end Aug in its business update.
The group says that while a significant portion of these contracts are short-term in nature, typically around three to six months, the figure also includes several longer-term engagements.
The group’s key activations and projects for the period has included a luxury automotive showcase and exclusive hospitality suites for the Singapore Grand Prix season, a private showcase for a luxury Maison, a themed exhibition celebrating Singapore's 60th anniversary curated by a Cultural Medallion recipient, and large-scale festive décor projects for leading integrated resorts.
The group says that it is boosting its production footprint through a new facility in Johor, Malaysia, which is on track to be fully operational by the 4Q2025. This will serve as the group's strategic hub to support its expanding operations across Southeast Asia.
Shares in Dezign Format closed 0.5 cents lower or 1.754% down at 28 cents on Sept 26.
