Secura Group has announced that Soverus, a wholly-owned subsidiary has been awarded a 61-month contract worth $6.8 million by an oil and gas multinational company.
Under the contract, Secura will provide unarmed guard services in Singapore between Aug 1 to Aug 31, 2026.
Secura states the contract will contribute positively but is not expected to have a significant impact to earnings per share and net asset value per share of the group for FY2021 ending December.
See also: Secura secures unarmed security services contract worth $13.5 mil
Including the new contract, Secura has an order book of approximately $50.3 million for contracts from security guarding, of which approximately $13.4 million is expected to be fulfilled by end-2021 and the remainder by August 2026.
Shares in Secura closed up 0.3 cents or 3.9% higher at 8 cents on July 6.