Back 12 Aug 2026

Reclaims Global Secures Approximately S$19.89 Million in New Contracts in Latest Quarterly Update

  • Awarded by a mix of public and private-sector clients, the new contracts secured in this latest quarterly update (for the 3-month period between 1 May 2026 to 31 July 2026) include the S$9.55 million of contract wins announced in June 2026.
  • The new contracts are expected to be completed over the next two years, strengthening the Group's order book and enhancing revenue visibility.
  • Baring any unforeseen circumstances, the new contracts are expected to contribute positively to the Group’s earnings per share and net tangible assets throughout the duration of the projects.
  • Separately, the Company has been undertaking share buybacks since 20 July 2026.
     
Mr. Tan Kok Huat, Executive Director and Chief Executive Officer, said, "We are pleased to maintain our positive contract momentum with another healthy pipeline of project wins. These new contracts reflect our customers' continued confidence in our operational capabilities, technical expertise, and proven track record of delivering projects safely, efficiently, and on schedule.
 
Supported by a resilient construction outlook in Singapore, we remain focused on disciplined project execution, operational excellence, and selectively pursuing quality opportunities that drive sustainable long-term growth.
 
At the same time, our ongoing share buyback initiatives underscores the Board's confidence in the Group's long-term prospects and our commitment to enhancing shareholder value through disciplined capital allocation.”