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Secura secures unarmed security services contract worth $13.5 mil

Felicia Tan
Felicia Tan • 1 min read
Secura secures unarmed security services contract worth $13.5 mil
As at 9.37am, shares in Secura are trading 0.5 cent higher or 7.1% up at 7.5 cents.
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Soverus, a wholly-owned subsidiary of Secura, had, on Jan 7, been awarded a 36-month contract to provide unarmed security services by a Singapore multinational conglomerate (MNC) worth $13.5 million.

The contract is effective from Feb 1 to Jan 31, 2024, with an option for a further one year extension.

To date, the group has an order book of some $53.7 million for contracts from security guarding, of which $25.1 million is expected to be fulfilled by Dec 31. The remainder is expected to be completed by January 2024.

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