The Board of Directors of ISOTeam Ltd. announced that the Group has secured the following projects, which are worth approximately SGD 50.7 million in aggregate: 3 Addition and Alteration (A&A) projects with a total contract value of approximately SGD 20.2 million, which are expected to be completed by October 2025. 4 Repair and Redecoration (R&R) projects with a total contract value of approximately SGD 18.3 million, which are expected to be completed by July 2024 4 Coating and Painting (C&P) projects with a total contract value of approximately SGD 5.9 million, which are expected to be completed by March 2025. 1 Landscaping (ILS) project with a contract value of approximately $3.0 million, which is expected to be completed by March 2026.

1 Mechanical and Electrical (M&E) project with a contract value of approximately SGD 2.9 million, which is expected to be completed by May 2024. 1 Interior Design project with a contract value of approximately SGD 0.4 million, which is expected to be completed by June 2023. The project includes interior fit-out works to a shophouse.

The above mentioned contracts awarded are not expected to have a material impact on the earnings per share and net tangible assets per share of the Group for the financial year ending 30 June 2023.