IPS Securex

New appointments

IPS Securex appoints Boey Teik Heng as acting CEO

Boey has over 20 years of experience in the security industry.

Contracts

IPS Securex subsidiary awarded $12 mil security contract

According to an Aug 19 bourse filing, the contract is expected to be completed by Feb 28, 2026.

Results

IPS Securex reports earnings of $183,165 for 1HFY2024, turning around from $1.2 mil loss the year before

Gross profit spiked by 74.0% y-o-y to $2.8 million due to higher revenue and higher gross profit margin.

Cybersecurity

Japan Foods latest listco to get hit by ransomware - fourth this month

RE&S, ES Group and IPS Securex had announced earlier this month of similar attacks
ES Group, IPS Securex hit by separate ransomware attacks - THE EDGE SINGAPORE

Cybersecurity

ES Group, IPS Securex hit by separate ransomware attacks

IPS Securex reported the attack on Jan 2 and ES Group on Jan 5

Company in the news

IPS Securex’s servers hacked; no evidence of data exfiltration from cyberattack

The incident has been reported to the police and the Personal Data Protection Commission.
The arms bazaar remains bustling amid another flare-up - THE EDGE SINGAPORE

Investing ideas

The arms bazaar remains bustling amid another flare-up

The global market for 'tools of deterrence' is at an all-time-high
IPS Securex wins $4.5 mil integrated security solution contract - THE EDGE SINGAPORE

IPO

IPS Securex wins $4.5 mil integrated security solution contract

IPS Securex wins $4.5 mil contract.

CEO of IPS Securex pares stake as company reverses from the red

Insider moves this week looks at IPS Securex, Uni-Asia Group and Roxy-Pacific Holdings

Company in the news

Two security-related stocks hit top volume with price surge, triggering SGX query

Secura’s unusual trading activity triggered a query from SGX.
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