800 Super has been awarded a S$204.9 million contract by the National Environmental Agency ("NEA") to provide Integrated Public Cleaning Services for the South-west region of Singapore.
- The seven-year contract awarded by NEA will start on 1 September 2014 to 31 August 2021, with an option for one year extension
Commenting on the award of the Contract, Mr Lee Koh Yong, the Executive Chairman of 800 Super said: “We are honoured that NEA has selected 800 Super to provide integrated public cleaning services for the South-west region of Singapore. This latest award of the Contract marks our second contract awarded by NEA this year, reinforcing 800 Super’s position as a leading environmental solutions provider and bearing witness to the recognition of our ability to provide quality integrated environmental services.”
The Contract is expected to contribute positively to the Group’s earnings but is not expected to have any material impact on the consolidated net tangible assets per share and/or earnings per share of the Group for the financial year ending 30 June 2015. None of the Directors or controlling shareholders of the Company have any interest, direct or indirect, in the Contract (other than their shareholding in the Company, if any).