iWOW Technology Unit Wins Contracts Worth About S$ 4.5 Million
Bitget2026/10/28 10:10- iWOW Technology's subsidiary ROOTS Communications secured two contracts worth approximately S$ 4.5 million for Singapore expressway and MRT telecommunications infrastructure upgrades.
- The awards bring the group's order book to approximately S$ 127 million, versus approximately S$ 126 million announced on October 2, 2026.
- The expressway 5G upgrade, including tunnel connectivity improvements, is scheduled for completion over fiscal 2027 and 2028.
- MRT power system upgrades are due substantially in fiscal 2027, with five-year maintenance following a one-year defects liability period.
- The contracts are not expected to materially affect financial performance for the year ending March 31, 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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