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TRANSPORT & LOGISTICS | Staff Reporter, Singapore

IPS Securex clinches US$900,000 purchase order from Southeast Asian client

It will sell and maintain scanning equipment.

IPS Securex Holdings has bagged a purchase order (PO) for the sale and maintenance of scanning equipment with a total value of US$900,000 to a customer in Southeast Asia.

According to the security solutions provider’s announcement, the PO, slated for delivery by 30 June 2016, was received through its subsidiary IPS Securex Pte. Ltd.

The company asserts that the PO is not expected to materially impact the IPS Securex Holdings’ earnings per share and net asset value per share for the financial year ending 30 June 2016.

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