IPS Securex

SINGAPORE (June 13): IPS Securex says it has won a $10.4 million contract with “a government agency in Southeast Asia” to provide maintenance support and equipment replacement services for its integrated security solutions.

SINGAPORE (May 15): IPS Securex, the provider of security products and integrated security solutions, announced 3Q earnings dropped by nearly half to $0.4 million from a year ago on admin expenses and higher cost of sales.

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SINGAPORE (Feb 8): IPS Securex posted a 27.6% fall in 1H17 earnings to $0.7 million from a year ago due to the acquisition and integration of Yatai Security & Communications and Avac Systems with the group.

SINGAPORE (Oct 18): IPS Securex said on Friday that its trade receivables had fallen by 40% from $10.6 million at June 30 to $6.3 mil on Oct 14 after customers paid after its book closure date.

SINGAPORE (Aug 24): RHB is maintaining its “buy” call for IPS Securex, with a target price of 40 cents as the company expects to book a record performance in FY17.

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SINGAPORE (May 18): Singapore stocks, like most Asian markets, closed lower on Wednesday after strong US data overnight fuelled talk of an interest rate hike.