Nordic Group secures new contracts worth S$71.5 million

Reuters2026/08/07 04:29

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Nordic secured about S$ 71.5 million of new contracts, split between Engineering Solutions at S$ 59.7 million and Engineering Services at S$ 11.8 million.
Engineering Solutions wins spanned marine and offshore, semiconductor, defence, other industries; deliveries and completion run mainly from 3Q2026 to 4Q2027.
Defence work includes fuel storage systems, training facility; project completion targeted for 2Q2029, with maintenance finishing in 3Q2026 to 2Q2027.
Engineering Services secured S$ 11.8 million of petrochemical maintenance for scaffolding and insulation; contract terms run 1-5 years to 2026-2031.
Contracts not expected to materially affect net tangible assets per share or earnings per share in the current financial year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nordic Group Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: YW6JD616EWF6HWUR) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nordic Group secures new contracts worth S$71.5 million

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