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Concorde International Group Secures SG$11.6 Million (Approx. US$9.0 Million) in New Multi-Year Recurring Revenue Contracts
Globenewswire· 2025-06-17 13:00
Core Insights - Concorde International Group Ltd. has secured SG$11,621,370 (approximately US$9,040,472) in new contracts from January to May 2025, surpassing the total value of new contracts signed in all of 2024 [1][4] - The majority of these contracts represent multi-year recurring revenue, to be recognized over the 2025–2029 period, including four contracts awarded via public tenders from Singapore government-related organizations [2][3] - Concorde's growth reinforces its position as a leading provider of integrated security services in Singapore, a highly competitive market in Asia [3][4] Company Overview - Concorde International Group Ltd. specializes in integrated security solutions and facilities management services, established in 1997 [5] - The company is recognized for its innovative approach, particularly through its "I-Guarding Services," which provide comprehensive monitoring and security solutions [4][5] - The patented I-Man Facility Sprinter (IFS) is a key component of Concorde's service offerings, enhancing security and facility maintenance [5]