- ISOTeam (SGX:5WF) acquired a property for S$5.7m. The property will be converted to house 200-400 beds. This will result in significant cost savings of ~S$1.3-2.5m pa. We also expect more contract wins of ~S$20-30m in the near term.
More cost savings from property acquisition
- - Read this at SGinvestors.io -
Pilot drone project in March and 2Q26
- ISOTeam is currently the only contractor with drone solutions locally, which could reduce costs by 30-40%.
- - Read this at SGinvestors.io -
S$20-30m of potential order wins
- We expect ISOTeam to report stronger FY26E profitability with 1H26 now justifying our conviction. The speed of contract wins also increased in recent months, and we expect another S$20-30m of order wins by Apr’26.
- We also anticipate sales of non-core assets of ~S$7-10m. A portion of the proceeds from the sales could be used to reward shareholders with special dividends or higher ordinary dividends.
Maintain BUY
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Jarick Seet Maybank Research | https://www.maybanktrade.com.sg/ 2026-02-25
Read also Maybank's most recent report:
2026-04-21 ISOTeam - SGD30.1m Of Contracts Win.
Price targets by other brokers at ISOTeam Target Prices.
Listing of research reports at ISOTeam Analyst Reports.
Relevant links:
ISOTeam Share Price History,
ISOTeam Announcements,
ISOTeam Dividend Payout Dates & Corporate Actions,
ISOTeam News














