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ISOTEAM LTD. — Capital/Financing Update 2025
Aug 12, 2025
67832_rns_2025-08-12_64ef09d3-d532-4979-b32d-9b556076715a.pdf
Capital/Financing Update
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ISOTEAM LTD.
(Company registration number: 201230294M) (Incorporated in the Republic of Singapore on 12 December 2012)
AWARD OF CONTRACTS
The Board of Directors of ISOTeam Ltd. (the “ Company ”, and together with its subsidiaries, the “ Group ”) wishes to announce that the Group has secured the following projects, which are worth approximately S$22.5 million in aggregate:
(1) 3 Coating and Painting (C&P) projects with a total contract value of approximately S$2.1 million[1] , which are expected to be completed by March 2026
These include C&P works at Robinson Road, F1 Pit Building and Integrated Transport Hub.
1Includes an approximately S$1.8 million contract to be executed pursuant to a letter of intent received by the Company.
- (2) 4 Addition and Alteration (A&A) projects with a total contract value of approximately S$12.4 million, which are expected to be completed within 24 months
These include A&A works at Kaki Bukit and Bedok Planning Area.
- (3) 1 Interior Design (ID) project with a total contract value of approximately S$0.1 million, which is expected to be completed by December 2025
This includes ID works at Rifle Range Road.
- (4) 4 Repair and Redecoration (R&R) projects with a total contract value of approximately S$7.7 million, which are expected to be completed by April 2026
These projects refer to R&R works at Yio Chu Kang Division, Geylang Serai Division, Jalan Kayu Division and Belle Vue Residences.
- (5) 1 Renewable Solution (RS) project with a total contract value of approximately S$0.2 million, which is expected to be completed within 24 weeks
This project refers to RS works at Sungei Kadut Street.
Including the abovementioned contracts, the Group’s current order book stands at approximately S$181.1 million as at the date of this announcement, and barring unforeseen circumstances, the contracts awarded are expected to progressively contribute to the Group’s financial performance.
None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the contracts secured, other than through their respective shareholdings (if any) in the Company.
BY ORDER OF THE BOARD ISOTEAM LTD.
Anthony Koh Thong Huat Executive Director and Chief Executive Officer
12 August 2025
This announcement has been prepared by the Company and its contents have been reviewed by the Company’s Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.
The contact person for the Sponsor is Mr Kaeson Chui, Vice President, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, Telephone (65) 6415 9886.