ISOTeam

MAS and CAD arrests current and former directors and officers of EHT's managers - THE EDGE SINGAPORE

Company in the news

MAS and CAD arrest current and former directors and officers of EHT's managers

EHT says investigations are still ongoing and that none of the individuals have been charged for any offence.

Broker's Calls

ISOTeam could pick up even more contract wins with upcoming General Election, says RHB

SINGAPORE (Sept 25): RHB Group Research says the upcoming Singapore General Election could potentially open up more project wins for building maintenance and estate upgrading services provider ISOTeam.

Investing ideas

ISOTeam poised to ride strategic acquisitions to stay out of the red

SINGAPORE (Aug 30): ISOTeam ended FY19 on a high, as it reversed out of the red on the back of higher revenue. Now, the building maintenance and estate upgrading company looks poised to ride a wave of strategic acquisitions to continue its growth trajecto

Results

ISOTeam swings back into the black in 4Q19 on higher sales

SINGAPORE (Aug 28): ISOTeam, the building maintenance and housing estate upgrading company, posted 4Q19 ended June earnings of $2.9 million, reversing from a loss of $1.86 million a year ago in 4Q18.  

Investing ideas

ISOTeam powering up as regional player on back of Pure acquisition

SINGAPORE (Aug 1): As the Singapore construction sector awakens from its slump, ISOTeam is well placed to tap new markets and win more contracts.

Markets

IMF cuts global forecast; Fed in focus

SINGAPORE (July 29): The European Central Bank has signalled the need for significant stimulus in the economy, as the growth outlook deteriorates. While the ECB has held rates unchanged for now, president Mario Draghi has indicated that lower interest rat

M&A

ISOTeam makes $24 mil acquisition of Pure Group to bolster regional foothold

SINGAPORE (July 24): ISOTeam is bolstering its regional presence with the $24 million acquisition of a clutch of six companies from Pure Group.

Broker's Calls

ISOTeam cut to 'neutral' by RHB on margins pressure

SINGAPORE (Feb 18): Margins pressure is forcing RHB Research to downgrade ISOTeam to “neutral” with a lower target price of 23 cents from 42 cents previously despite the latter achieving a record order book.

Contracts

ISOTeam wins contract to install Singapore's largest offshore floating solar panel system

SINGAPORE (Jan 9): ISOTeam, the provider of building maintenance and estate upgrading services, has won a slew of contracts worth $22 million including a $11.31 million contract to install Singapore’s largest offshore floating solar farm.

Contracts

ISOTeam wins HDB Home Improvement Programme contract worth $26.3 mil

SINGAPORE (Jan 2): ISOTeam, the provider of building maintenance and estate upgrading services, has won its second Home Improvement Programme (HIP) project from the Housing and Development Board (HDB).
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