INNEOVA awarded a multi-million dollar contract from PSA Singapore

INNEOVA (INEO) Holdings announced that its subsidiary, INNEOVA Engineering, has been awarded a multi-year overhaul tender valued in the multi-million dollar range from PSA Singapore. The contract award demonstrates INNEOVA’s capabilities as an engineering solutions provider in overhaul mechanics and aftersales support infrastructure, enabling the Company to deliver engineering services to maximize equipment uptime and optimize total cost of ownership for PSA’s port operations. “We are pleased to continue supporting PSA’s operations through this contract,” said Jimmy Neo, Chief Executive Officer of INNEOVA Holdings Ltd. “The award reinforces our engineering competency and service reliability, and strengthens INNEOVA’s engineering solutions revenue stream, which represents a core component of the Company’s business strategy. Today’s announcement highlights the value of long-term partnerships in delivering results for our customers and shareholders.”