IWOW Technology Bags SG$3 Million Project in Middle East
MT Newswires
Oct 05
IWOW Technology (SGX:NXR) received a purchase order worth around SG$3 million from a Middle Eastern government organization for the supply, deployment and maintenance of its electronic monitoring system.
The technology company said the EMS solution aims to remotely monitor and manage individuals subject to electronic monitoring requirements, according to a Friday filing with the Singapore Exchange.
Deployment is expected to be completed within the 2027 financial year, with the company seeing the project as a reference for future overseas opportunities.
Following the order, the company's order book stands at SG$126 million.
IWOW's shares were up nearly 2% in Monday trading.
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