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800 Super bags S$193.5 million Public Waste Collection Contract for Pasir Ris - Bedok sector in Singapore

on .

  • 800 Super’s subsidiary appointed to provide refuse collection services to the Pasir Ris - Bedok sector
  • The S$193.5 million contract is an affirmation of our capabilities

SINGAPORE, 12 January 2018, Catalist-listed environmental services provider 800 Super Holdings

Limited (“800 Super” or the “Company” and together with its subsidiaries, the “Group”) would like

to announce that its wholly-owned subsidiary, 800 Super Waste Management Pte Ltd, has been

awarded a public waste collection licence by the National Environmental Agency (“NEA”) for the

provision of refuse collection services to domestic and trade premises in the Pasir Ris - Bedok Sector

in Singapore (the “Licence”).

The Licence, with an aggregate contract value of approximately S$193.5 million, will take effect from

1 July 2018 to 31 October 2025, for a total period of 7 years and 4 months (the “Contract”).

Mr Lee Koh Yong, the Executive Chairman of 800 Super said: “We are happy to be awarded this

contract by NEA, which is an affirmation of our capabilities. We believe our expertise, experience

and proven track record is well suited to serve the households and trade premises in the sector.”

The Contract is expected to contribute positively to the Group’s earnings but is not expected to have

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 2018.