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Starburst wins record $40.9 mil order, targets at least three more contracts in 2020

Uma Devi
Uma Devi • 6 min read
Starburst wins record $40.9 mil order, targets at least three more contracts in 2020
“We have done three to four bids for 2020 already, and we are expecting positive results from the bids which will allow us to start work," says group managing director Jonathan Yap.
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SINGAPORE (Apr 3): After settling for a quiet year in 2019, Starburst Holdings is ramping up its operations and looks forward to better earnings as it starts work on new projects. Even as it announced the clinching of its largest contract ever, the company, which specialises in the design and engineering of firearms training facilities, is eyeing at least three more contracts this year.

“2019 was pretty quiet for our company, we were waiting for things like tender purchases, bidding contracts and results,” says group managing director Jonathan Yap in an interview with The Edge Singapore. “We have done three to four bids for 2020 already, and we are expecting positive results from the bids which will allow us to start work.”

While unwilling to disclose the exact amounts the projects will bring in as they have not been confirmed yet, Yap says they are each of a substantial amount, which will contribute positively to the company’s earnings.

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