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.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!