Secura Group Limited, through its subsidiary Soverus Pte Ltd, has secured two significant security services contracts valued at approximately S$64.2m. These contracts are part of the Ministry of Education’s (MOE) new integrated facilities management (IFM) model, marking a substantial achievement for the company. The contracts, set to commence on 1 September 2026, will initially run for five years, with an option to extend for another five years.
Soverus has a longstanding relationship with MOE, providing security services to schools in the North and North-East zones. The transition to the IFM model has allowed Soverus to maintain its presence in the education sector by securing contracts from two IFM providers. This move underscores the company’s strong operational capabilities and consistent service standards.
Chief Executive Officer of Secura, Kan, highlighted the significance of these awards, stating, “These contract awards are particularly significant as they were secured following MOE’s transition to an IFM operating model. Our upgraded 24/7 command centre, enhanced with AI-enabled capabilities, strengthens real-time monitoring, incident management and operational oversight.”
Looking forward, Secura aims to focus on operational excellence and service innovation to meet the evolving needs of its clients across various sectors. The contracts are expected to positively impact the Group’s earnings per share and net asset value per share from 2026 to 2031, reinforcing Secura’s position as a leading provider of security solutions in Singapore.
