- 800 Super’s subsidiary appointed to provide refuse collection services to the Pasir Ris - Bedok sector
- The S$193.5 million contract is an affirmation of our capabilities
Limited (“800 Super” or the “Company” and together with its subsidiaries, the “Group”) would like to announce that its wholly-owned subsidiary, 800 Super Waste Management Pte Ltd, has been awarded a public waste collection licence by the National Environmental Agency (“NEA”) for the provision of refuse collection services to domestic and trade premises in the Pasir Ris - Bedok Sector in Singapore (the “Licence”).
The Licence, with an aggregate contract value of approximately S$193.5 million, will take effect from 1 July 2018 to 31 October 2025, for a total period of 7 years and 4 months (the “Contract”). Mr Lee Koh Yong, the Executive Chairman of 800 Super said: “We are happy to be awarded this contract by NEA, which is an affirmation of our capabilities. We believe our expertise, experience and proven track record is well suited to serve the households and trade premises in the sector.” The Contract is expected to contribute positively to the Group’s earnings but is not expected to have material impact on the consolidated net tangible assets per share and/or earnings per share of the Group for the financial year ending 30 June 2018.