Singtel invests $7.9m in security services

The investment is for a 2-year contract with Secura Group.

As it seeks provision of additional security at certain premises, Singtel recently awarded Secura Group Ltd. a $7.9 million security services contract.

The 2-year contract was given through Secura's wholly-owned subsidiary, Soverus Pte. Ltd. It comprises of $7.2 million provision of unarmed security guarding services and a provisional amount of $0.7 million for the provision of additional security services.

Secura CEO Paul Lim said in a statement that this has been one of the largest contracts the group has won to date.

"With Singtel being one of the largest and most prominent corporate brands in Singapore, we believe this will open up more opportunities with other organisations for our services,” he stated.

The Singtel contract raises Secura's orderbook to $27.9 million. Over $23 million is expected to be fulfilled by the end of 2017.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!