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Stratech Systems updates on its efforts to get back into the black

Published on Jan 15, 2014 12:00 PM

Technology firm Stratech Systems is engaging potential customers as it tries to get itself off the Singapore Exchange watch-list.

It had placed on the watch-list in June 2013 for reporting three consecutive years of losses.

The company issued a statement on Tuesday night to update shareholders on its plans to get out of the red.

On Sept 30 2013, Stratech said it won a contract to deploy airfield and runway surveillance among other services to an airbase. The project was expected to have a material impact on its topline for the 2014 financial year.

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