Concorde Secures SG$11.6 Million in New Multi-Year Contracts, Exceeding Previous Year's Total

Reuters

Jun 17

Concorde Secures SG$11.6 Million in New Multi-Year Contracts, Exceeding Previous Year's Total

Concorde International Group Ltd. (NASDAQ: CIGL), a leading integrated security services provider, has announced the acquisition of new multi-year recurring revenue contracts worth approximately SG$11.6 million (US$9.0 million) from January through May 2025. These contracts, which include collaborations with new clients and expanded agreements with existing customers, will be recognized over the 2025-2029 period. Notably, four of the contracts were awarded through public tenders, two of which are from Singapore government-related organizations. The contracts cover diverse sites such as schools, factories, and banks, underscoring Concorde's capability in delivering tailored security solutions to critical infrastructure. This achievement surpasses the total contract value of SG$10.9 million (US$8.5 million) secured in 2024, highlighting Concorde's continued growth and reinforcement of its leadership in the competitive Singaporean security market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concorde International Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9470009-en) on June 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: GNW9470009-en) on June 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4112","symbol_name":"金融交易所和数据","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250617:nNDL7hwQ1v:1","article_id":"2544960844","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544960844","pubTimestamp":1750165227,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Concorde International Group Ltd. , a leading integrated security services provider, has announced the acquisition of new multi-year recurring revenue contracts worth approximately SG$11.6 million  from January through May 2025. 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(NASDAQ: CIGL), a leading integrated security services provider, has announced the acquisition of new multi-year recurring revenue contracts worth approximately SG$11.6 million (US$9.0 million) from January through May 2025. These contracts, which include collaborations with new clients and expanded agreements with existing customers, will be recognized over the 2025-2029 period. Notably, four of the contracts were awarded through public tenders, two of which are from Singapore government-related organizations. The contracts cover diverse sites such as schools, factories, and banks, underscoring Concorde's capability in delivering tailored security solutions to critical infrastructure. This achievement surpasses the total contract value of SG$10.9 million (US$8.5 million) secured in 2024, highlighting Concorde's continued growth and reinforcement of its leadership in the competitive Singaporean security market.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concorde International Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. 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