IPS Securex subsidiary wins $16.9m government security contract

It covers the design, supply, and installation of security systems.

IPS Securex Holdings Limited (IPS Securex) announced that its wholly-owned subsidiary, IPS Securex Pte. Ltd. (IPSS), has received a letter of acceptance from a government agency for a $16.9m contract.

The 24-month contract, starting 1 October 2025 and ending 30 September 2027, covers the design, supply, and installation of security systems.

No directors or substantial shareholders of IPS Securex have any direct or indirect interest in the contract, other than through their shareholdings in the company.

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