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The latest update is out from Reclaims Global Limited ( (SG:NEX) ).
Reclaims Global Limited has secured multiple new contracts in Singapore with an aggregate value of approximately S$3.08 million for demolition, reinstatement, and related construction works running between one and 12 months. The wins, awarded by both public and private-sector clients, are expected to contribute positively to the Group’s net tangible assets and earnings per share over the contract periods, with management highlighting that the steady flow of modestly sized projects collectively provides meaningful operational support and margin sustainability.
The contracts underscore continued demand for Reclaims Global’s core competencies in environmentally focused demolition and earthworks services, reinforcing its positioning as an eco-friendly player in the construction value chain. The company’s leadership signalled an ongoing emphasis on disciplined project selection and execution excellence, suggesting a strategy aimed at steady, margin-conscious growth without related-party concerns, as no directors or controlling shareholders hold interests in the new work beyond their shareholdings.
More about Reclaims Global Limited
Reclaims Global Limited is a Singapore-based, SGX-Catalist listed eco-friendly integrated service provider in the construction sector. The Group focuses on demolition, earthworks, and the removal of construction and demolition waste, serving a mix of public and private-sector clients within Singapore’s built environment market.
Average Trading Volume: 1,086,632
Technical Sentiment Signal: Buy
Current Market Cap: S$73.24M
See more insights into NEX stock on TipRanks’ Stock Analysis page.