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ISOTEAM LTD. — Capital/Financing Update 2026
Jan 26, 2026
67832_rns_2026-01-26_122c27c6-8b9e-4837-b4d4-5c205b25a80b.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 JANUARY 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, which are worth approximately S$26.6 million in aggregate:
- (1) 2 Coating and Painting (C&P) projects with a total contract value of approximately S$1.8 million, which are expected to be completed by July 2026
These include C&P works at Changi East and Loyang Crescent.
- (2) 3 Interior Design (ID) projects with a total contract value of approximately S$0.6 million, which are expected to be completed by February 2026
These include ID works at Pasir Ris Link, Pagoda Street and Rifle Range Road.
- (3) 4 Repair and Redecoration (R&R) projects with a total contract value of approximately S$13.4 million, which are expected to be completed by September 2027
These include R&R works at Boon Lay, Pioneer, Nanyang and Nee Soon Central Divisions, Sengkang East Way, Anchorvale Drive and Bedok Central.
- (4) 2 Addition and Alteration (A&A) projects with a total contract value of approximately S$6.5 million, which are expected to be completed by October 2027
These include A&A works at Boon Lay Place and Fort Canning Park.
- (5) 5 Landscaping (ILS) projects with a total contract value of approximately S$2.8 million, which are expected to be completed by March 2029
These include ILS works at Cheng San-Seletar, Paya Lebar and Serangoon Divisions and Jurong East and Changi Planning Areas.
- (6) 1 Electrical Work (ELU) project with a total contract value of approximately S$0.5 million, which is expected to be completed by January 2027
This includes ELU works at Dover Crescent.
- (7) 1 Renewable Solution (RS) project with a total contract value of approximately S$1.0 million, which is expected to be completed by June 2026
This includes RS works at Tuas View Circuit, Tagore Drive and Kaki Bukit Crescent.
Including the abovementioned contracts, the Group’s current order book stands at approximately S$176.2 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 26 January 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.