SINGAPORE (April 2): Ntegrator says it has secured a $58.6 million contract from a repeat customer whom the company only refers to as a "Singapore-based regional service provider.
The project, which commenced on Monday, involves the installation of pipelines and manholes; installation, maintenance and diversion services for infrastructure cables; and the service provision and maintenance of business services across the eastern, western and central parts of Singapore.
It will cover a two-year period with the option to extend for a further period of one year.
In its filing on Tuesday, the communications network specialist expects its latest contract win to bolster its revenue and order book for the next two years.
“This also bears testament to our strong track record and long-standing relationship with key industry players in the region. Going forward, the group will remain committed to providing quality service and products, and strive to secure more contracts in our focus markets of Singapore, Vietnam and Myanmar,” comments Jimmy Chang, managing director of Ntegrator.
Shares in the group closed flat at 0.6 cent on Tuesday.