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ISOTEAM LTD. — Capital/Financing Update 2026
Apr 20, 2026
67832_rns_2026-04-20_db37a972-88f6-4ad1-b02f-a9203cf0f89f.pdf
Capital/Financing Update
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ISOTEAM LTD.
(Company registration number: 201230294M) (Incorporated in the Republic of Singapore on 12 December 2012)
UPDATE FOR APRIL 2026 – 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, including a letter of intent for a Renewable Solution (RS) project with a total contract value of approximately S$3.05 million, which are worth approximately S$30.10 million in aggregate:
- (1) 12 Coating and Painting (C&P) projects with a total contract value of approximately S$8.31 million, which are expected to be completed by September 2029
These include C&P works at Tanglin Halt, Kallang Whampoa and Changi North Rise.
- (2) 2 Addition and Alteration (A&A) projects with a total contract value of approximately S$6.77 million, which are expected to be completed by March 2027
These include A&A works at Chong Pang Division.
- (3) 2 Repair and Redecoration (R&R) projects with a total contract value of approximately S$5.08 million, which are expected to be completed by April 2028
These include R&R works at Jalan Bukit Merah and Opal Crescent.
- (4) 3 Electrical Work (ELU) projects with a total contract value of approximately S$4.82 million, which are expected to be completed by June 2028
These include ELU works at Kreta Ayer-Kim Seng Division and Kaki Bukit Division.
- (5) 2 Interior Design (ID) projects with a total contract value of approximately S$0.65 million, which are expected to be completed by June 2026
These include ID works at Ang Mo Kio Planning Area and Smith Street.
- (6) 2 Landscaping (ILS) projects with a total contract value of approximately S$1.42 million, which are expected to be completed by September 2027
These include ILS works at Ang Mo Kio Planning Area, Choa Chu Kang and Queenstown.
Including the abovementioned contracts, the Group’s current order book stands at approximately S$186.50 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 20 April 2026
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.