IPS Securex Holdings

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.

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.

Restructuring

IPS Securex 'well positioned' to help customers re-assess security concerns as terrorism threat falls due to Covid-19

For the FY2022, however, the group reported a 176% y-o-y surge to $263,451.

Chairman of Federal International raises stake while shareholder Goh of IPS Securex pares stake

Koh Kian Kiong, executive chairman and CEO of engineering company Federal International (2000), has been steadily buying shares of his own company on the open market.

IPS Securex receives $550,000 CCTV upgrading contract

SINGAPORE (Jan 2): IPS Securex Holdings, the provider of security products, says wholly-owned subsidiary, Yatai Security & Communications, has received a letter of award for the provision of CCTV upgrading work in Singapore.

Results

IPS Securex's FY16 earnings up just 0.5% to $2.3 mil

SINGAPORE (Aug 22): IPS Securex Holdings, the provider of security products and integrated security solutions, announced a 0.5% rise in earnings for the year ended June (FY16) to $2.26 million from $2.25 million a year ago (FY15).

Stocks To Watch

SIA Engineering, China Everbright Water, Yanlord Land, IPS Securex, GS Holdings, Raffles Education

SINGAPORE (May 18): Here are some stocks that could move the market this Wednesday morning.
IPS Securex logo

IPS Securex clinches orders worth US$2.93 mil

SINGAPORE (May 18): IPS Securex Holdings, the security products and services provider, has announced that its wholly-owned subsidiary, IPS Securex, has received two purchase orders with a total contract value of US$2.93 million ($4.02 million).
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