ISOTeam has secured $31.9 million worth of new contracts wins, which will boost its order book that stood at $152.7 million as at December 2021.To be completed between November 2022 and January 2024, the new projects comprise a $4.2 million mechanical and electrical project that involves the supply,...

RHB Group Research analyst Jarick Seet downgrades ISOTeam’s rating from ‘buy’ to ‘neutral’ with a lower DCF-derived target price to 12 cents from 21 cents. “ISOteam incurred a net loss of $14.5 million for FY2021 mainly due to the ongoing Covid-19 situation including supply chain disrupt...

RHB has downgraded its "buy" call on ISOTeam to "neutral" after the building maintenance company reported a net loss of S$14.5 million in the financial year ended Jun 30, 2021, due to supply chain disruptions and labour shortages from Covid-19's impact.

ISOTeam, which is known for its strong focus on winning public housing estate painting contracts, will be enlisting the help of “autonomous painting drones” to do the job. By doing so, ISOTeam hopes to save on manpower, improve quality and generate overall better efficiency. The use of the pai...

BUILDING maintenance company ISOTeam has signed a binding memorandum of understanding with Acclivis Technologies and Solutions and Nippon Paint (Singapore) to develop and enable the use of autonomous painting drones for the painting of building facades or structures.

ISOTEAM has agreed to divest its entire 1.18 per cent equity interest in clean energy solutions provider Sunseap Group for about S$12.2 million at S$270 per sale share, announced the construction group on Friday (Nov 5).

ISOTeam has, on Nov 5, entered into a purchase and sales agreement to dispose of its entire interest in Sunseap Group, representing approximately 1.18% of shares, for a proposed sale consideration of $12.2 million. The stake is being sold to global renewable energy player EDP Renováveis, S.A. (EDPR...

ISOTEAM has agreed to divest its entire 1.18 per cent equity interest in clean energy solutions provider Sunseap Group for about S$12.2 million at S$270 per sale share, announced the construction group on Friday (Nov 5).

ISOTeam has launched a new solution to rid cockroach infestations in Housing & Development Board (HDB) flats with its new chemical-free plant-based pesticide – CnO Remover. Developed by a partner of ISOTeam, the CnO Remover is suitable for closed bin-chute systems and targets cockroach infes...

ISOTeam, in its FY2021 ended June, announced that it has managed to narrow its losses by 32.5% to $14.5 million from a loss of $21.6 million in FY2020. Revenue for the period increased by 8.0% to $99.0 million from $91.7 million a year ago, mainly due to increase in revenue from its repars & red...