IPS Securex Subsidiary Awarded Contract Worth SG$17 Million; Shares Soar 93%

MT Newswires

2025/09/17

IPS Securex Holdings (SGX:42N) subsidiary, IPS Securex, secured a government contract worth SG$16.9 million, according to a filing with the Singapore Exchange on Tuesday.

Shares of the company zoomed nearly 93% in Wednesday late-morning trading.

The 24-month contract involves the design, supply and installation of security systems. It will commence from Oct. 1.

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