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FINWIRES

ISOTeam Secures Contract Worth SG$30 Million; Shares Up 4%

-- ISOTeam (SGX:5WF) secured SG$30 million worth of contracts, according to a Monday filing with the Singapore Exchange.

Shares of the facilities maintenance company were up nearly 4% in Tuesday trading.

The contracts include a SG$8.3 million coating and painting projects contract, addition and alteration projects worth SG$6.8 million, repair and redecoration contracts worth SG$5.1 million, electrical work projects worth SG$4.8 million and landscaping projects worth SG$1.4 million.

Following the award, the company's current order book stands at around SG$186.5 million.

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