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Koyo International Secures S$13.3 Million Contract

Koyo International Secures S$13.3 Million Contract

Koyo International Limited (SG:5OC) has released an update.

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Koyo International Limited’s subsidiary, Koyo Engineering, has secured a S$13.3 million contract for maintaining fire protection, mechanical, and electrical systems over five years. This new contract contributes to the Group’s robust order book, valued at S$198 million, with project completions spread through to 2029. The contract is expected to have a minimal impact on the company’s earnings for the fiscal year ending December 2024.

For further insights into SG:5OC stock, check out TipRanks’ Stock Analysis page.

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