Singapore Stock Market News

IPS Securex Holdings - Robust Outlook Ahead

StockFanatic
Publish date: Wed, 03 Dec 2014, 02:59 PM
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IPS announced it has tied up with Bio-Nexus, which will enable IPS to integrate Bio-Nexus's patented mobile workflow engine software platform into various solutions, with IPS being the prime promoter to sell and market the solutions to ASEAN countries. It has also secured a contract worth USD1.62m for the sale of 50 sets of Hyperspike acoustic hailing devices. We are optimistic on more contract wins and expansion of their product line in the near future. Maintain BUY with a SGD1.26 TP.
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