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Acromec secures $5.6 mil contract for biotechnology research and development sector

Felicia Tan
Felicia Tan • 1 min read
Acromec secures $5.6 mil contract for biotechnology research and development sector
Acromec, a specialist engineering service provider, has secured a sub-contract worth $5.6 million for a client in the biotechnology research and development sector.
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SINGAPORE (Apr 28): Acromec, a specialist engineering service provider that serves the healthcare, biomedical, pharmaceutical, research and academia sectors, has secured a sub-contract worth $5.6 million for a client in the biotechnology research and development sector.

The contract will be to fit out for the client’s state-of-the-art production suites and distribution centres for gene expression solutions, including the production of test kits for distribution across Asia.

Acromec expects this contract to contribute positively to its earnings per share and net tangible assets per share for the current financial year ending on September 30. This contract is expected to be completed in the same month.

As at 1.10pm, Acromec shares remain flat at 5.1 cents.

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