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