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NeraTel lands $2.4 mil contract, expects boost to FY performance
NeraTel secured a $2.4 million, three-year contract to provide cybersecurity services, including 24/7 security information and event management and security operations centre support. The contract is expected to positively impact the company&rsquo s financial year performance.
NERA TELECOMMUNICATIONS LTD AWARDED S$2.4 MILLION CONTRACT FOR TECHNICAL MANAGEMENT AND OPERATIONAL SUPPORT SERVICES
The Board of Directors of Nera Telecommunications Ltd (&ldquo the Company&rdquo ), together with its subsidiaries (the &ldquo Group&rdquo ), is pleased to announce that the Group has secured a three-year contract valued at approximately S$2.4 million from an established institutional asset management group.
The scope of the engagement covers the provision of technical management and operational support for cybersecurity, comprising cyber defence services including 24/7 Security Information and Event Management (&ldquo SIEM&rdquo ) and Security Operations Centre (&ldquo SOC&rdquo ) support, as well as security operations platform management and related services.
This contract reinforces the Group&rsquo s strategic focus on expanding its managed services offerings and deepening its cybersecurity capabilities, including its SOC competencies, to deliver integrated, mission-critical IT infrastructure and cyber defence solutions to customers.
The contract is expected to contribute positively to the performance of the Group for the current financial year.
BY ORDER OF THE BOARD
Gn Jong Yuh Gwendolyn
Company Secretary
19 February 2026
The Board of Directors of Nera Telecommunications Ltd (&ldquo the Company&rdquo ), together with its subsidiaries (the &ldquo Group&rdquo ), is pleased to announce that the Group has secured a three-year contract valued at approximately S$2.4 million from an established institutional asset management group.
The scope of the engagement covers the provision of technical management and operational support for cybersecurity, comprising cyber defence services including 24/7 Security Information and Event Management (&ldquo SIEM&rdquo ) and Security Operations Centre (&ldquo SOC&rdquo ) support, as well as security operations platform management and related services.
This contract reinforces the Group&rsquo s strategic focus on expanding its managed services offerings and deepening its cybersecurity capabilities, including its SOC competencies, to deliver integrated, mission-critical IT infrastructure and cyber defence solutions to customers.
The contract is expected to contribute positively to the performance of the Group for the current financial year.
BY ORDER OF THE BOARD
Gn Jong Yuh Gwendolyn
Company Secretary
19 February 2026
NERA TELECOMMUNICATIONS LTD Company Registration No. 197802690R (Incorporated in the Republic of Singapore)
PROFIT GUIDANCE FOR FULL YEAR ENDED 31 DECEMBER 2025
The Board of Directors of Nera Telecommunications Ltd (the &ldquo Company&rdquo ), together with its subsidiaries (the &ldquo Group&rdquo ), wishes to inform shareholders that the Group is expected to report a net loss for the full year ended 31 December 2025 (&ldquo FY2025&rdquo ) after a preliminary assessment of its unaudited financial results for FY2025.
The Company is in the process of finalising the unaudited consolidated financial results of the Group and details will be disclosed when the Company announces its unaudited consolidated financial results for FY2025.
Shareholders and investors are advised to exercise caution when dealing in the securities of the Company.
BY ORDER OF THE BOARD
Gn Jong Yuh Gwendolyn Company Secretary
13 February 2026
PROFIT GUIDANCE FOR FULL YEAR ENDED 31 DECEMBER 2025
The Board of Directors of Nera Telecommunications Ltd (the &ldquo Company&rdquo ), together with its subsidiaries (the &ldquo Group&rdquo ), wishes to inform shareholders that the Group is expected to report a net loss for the full year ended 31 December 2025 (&ldquo FY2025&rdquo ) after a preliminary assessment of its unaudited financial results for FY2025.
The Company is in the process of finalising the unaudited consolidated financial results of the Group and details will be disclosed when the Company announces its unaudited consolidated financial results for FY2025.
Shareholders and investors are advised to exercise caution when dealing in the securities of the Company.
BY ORDER OF THE BOARD
Gn Jong Yuh Gwendolyn Company Secretary
13 February 2026
This is really the hidden gem.
From 8c to 18c, no volume, no talk, no news, no speculation.
无 端 端 发 达 。
Something is brewing
Counter waking up
This one going to the moon after the Taiwanaese came onboard. Takeover at $0.075 now $0.108...wow
Some people desperate to get out of this company.
I cannot understand what`s wrong with the 10%+ shareholder who sold their shares at 7.5cents to Ennoconn, when u can easilly sell it higher at open market.
And its now 8.5 cents, and Ennoconn easily made 13%+ paper gain for nothing.
Really strange.
And its now 8.5 cents, and Ennoconn easily made 13%+ paper gain for nothing.
Really strange.
Ennoconn Corp garners 63.77% of NeraTel shares at offer close
This comes after Ennoconn had in September agreed to buy 53.38% of the mainboard-listed company
A MANDATORY unconditional cash offer by Taiwan-listed Ennoconn Corporation for Nera Telecommuniations (NeraTel) : N01 0% closed with valid acceptances for only 10.39 per cent of NeraTel&rsquo s listed shares on Wednesday (Oct 23).
As at the close of the offer at 5.30 pm, Ennoconn and its concert parties now own, control or have agreed to acquire 63.77 per cent of the communications and network solutions provider&rsquo s shares.
In September, the Taiwan-listed company had made an offer for all the shares in NeraTel it does not own at S$0.075 apiece. This comes after Ennoconn entered into a share purchase agreement with Asia Systems for the purchase of close to 193.2 million shares, or 53.38 per cent of the total number of shares in NeraTel.
Ennoconn, an electronics solution provider, wanted to acquire the mainboard-listed company to leverage the synergies between the two organisations, as well as optimise order acquisition and financial performance. The offeror said it intended to maintain the listing status of NeraTel.
In October, the Securities Investors Association (Singapore), or Sias, advised shareholders to reject the offer, which it deemed &ldquo not fair and not reasonable&rdquo .
Ennoconn&rsquo s offer price was a 6.3 per cent discount to the last transacted price per share on Sep 4, which was the last full day of trading before the announcement.
It was also a 5.1 per cent discount to the volume-weighted average price (VWAP) of the shares traded in the month prior to the offer, and a 3.8 per cent discount to the VWAP of the shares traded in the three-month period prior to the offer.
Sias calls for NeraTel shareholders to reject privatisation offer
This was also recommended by independent financial advisor SAC Capital and NeraTel&rsquo s independent directors
TAIWAN-LISTED Ennoconn Corp&rsquo s bid to acquire Nera Telecommunications (NeraTel) at S$0.075 a share is being met with opposition, with the Securities Investors Association (Singapore), or Sias, advising shareholders to reject the offer.
In a statement on Wednesday (Oct 9) evening, Sias&rsquo founder and chief executive David Gerald pointed out that this sentiment was shared by both the appointed independent financial adviser (IFA) SAC Capital &ndash which believed that the price was &ldquo not fair and not reasonable&rdquo &ndash and NeraTel&rsquo s independent directors (IDs).
The word &ldquo mandatory&rdquo in the offer description does not mean that all shareholders are legally obliged to accept the offer, he added. &ldquo Everyone is perfectly entitled to hang on to their shares if they so wish, this being all the more so given the advice of the IFA.&rdquo
Furthermore, Ennoconn had emphasised in its offer that it will not revise its price, it does not expect to exercise any rights of compulsory acquisition, and that it intends to retain NeraTel&rsquo s listing status.
&ldquo SIAS&rsquo recommendation is therefore the same as the IFA and the IDs &ndash shareholders should reject the offer,&rdquo said Gerald.
Earlier in September, NeraTel had received an offer from Ennoconn for all the shares in the company it does not own at S$0.075 apiece.
Emergency, business hotlines restored after hours-long Singtel landline outage
This came after Ennoconn entered a share purchase agreement with Asia Systems for the purchase of close to 193.2 million shares in the issued and paid-up ordinary share capital of NeraTel for S$0.075 per share. That represents nearly 53.4 per cent of the total number of shares in NeraTel.
As Ennoconn acquired over 50 per cent of NeraTel&rsquo s shares, a mandatory unconditional cash offer for the remaining shares it does not own was triggered.
The S$0.075 offer price was a 5.1 per cent discount to the volume-weighted average price (VWAP) of the shares traded in the month prior to the offer, and a 3.8 per cent discount to the VWAP of the shares traded in the three-month period prior to the offer.
That is obviously a good question.
My fear would be that an alternative explanation to the one you suggest is that a buyer of a controlling stake (but not the entirety) in a business does so in order to extract value from the business for themselves at the expense of all remaining shareholders. I am not suggesting that this is the case here, merely that in the abstract under such circumstances it could happen. In fact I have seen it happen before in a few companies I have had shares in. They have been my biggest losers. In retrospect, for those companies I should have sold out straight away once such a deal was announced - I would have lost less money.
My fear would be that an alternative explanation to the one you suggest is that a buyer of a controlling stake (but not the entirety) in a business does so in order to extract value from the business for themselves at the expense of all remaining shareholders. I am not suggesting that this is the case here, merely that in the abstract under such circumstances it could happen. In fact I have seen it happen before in a few companies I have had shares in. They have been my biggest losers. In retrospect, for those companies I should have sold out straight away once such a deal was announced - I would have lost less money.
I see the point. However can also say that on the side of the equation, why would the buyer took in a majority stake, 53%, if the ship is sinking, unless they knew the potential or they knew how to turn it around.
Only time will tell.
The buyer has to make the offer because it is buying a controlling stake from Asia Systems, the size of which necessitates the buyer extending the offer to all other shareholders at the same price.The buyer does not want to extend the offer to all other shareholders, nor does it want to buy the shares from other shareholders. It is forced to do so, so there is no reason why the buyer should make the offer especially attractive. Take it or leave it is its view.
A consequential question is to ask why Asia Systems is willing to let its controlling stake go at that price. The obvious implication is that the market price overvalues the company, given Asia Systems should know best.
A consequential question is to ask why Asia Systems is willing to let its controlling stake go at that price. The obvious implication is that the market price overvalues the company, given Asia Systems should know best.
Where got people mandatory offer take over price lower than last done price one,
like that where got shareholder want to sell???
like that where got shareholder want to sell???
Yucks....below last traded price. Really look down on SG stocks...
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/neratel-receives-mandatory-offer-ennoconn-corp-s0-075-share
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/neratel-receives-mandatory-offer-ennoconn-corp-s0-075-share
Nera Telecommunications secures contract worth $10 mil
Nera Telecommunications N01 -12.5% has secured a contract with a leading service provider based in Southeast Asia worth approximately $10 million.
The project, which is expected to commence in January, will see Nera implement infrastructure for the service provider&rsquo s digital economy operations. This will include setting up facilities in over 30 sites, installing necessary equipment and other peripherals, carrying out network integration works, testing and commissioning, as well as hiring and deploying skilled staff to help uplift rural communities via digital commerce training to accelerate economic growth.
The contract also includes a five-year managed services component, which covers the day-to-day management, operation and maintenance of the aforementioned equipment, 24/7 support and network performance monitoring.
The contract is not expected to have a significant financial impact on the performance of the company for the FY2024 ending Dec 31.
NeraTel Posts Revenue of $40.3 Million for 1Q2023 Net Cashflow from Operations Up Significantly
1Q2023 revenue increased 44.2% to $40.3 million from $27.9 million a year ago, lifted by higher contributions from GTU and SP business segments
1Q2023 order intake rose by 19.4% from $22.2 million to $26.5 million as compared to preceding year quarter contributed from SP and ENT business segments
Net cashflow from operations up significantly to $10.3 million from $8.3 million a year ago
New cybersecurity regulations implemented in ASEAN countries present strong
opportunities for NeraTel to offer cybersecurity solutions
another small float counter play?
1Q2023 revenue increased 44.2% to $40.3 million from $27.9 million a year ago, lifted by higher contributions from GTU and SP business segments
1Q2023 order intake rose by 19.4% from $22.2 million to $26.5 million as compared to preceding year quarter contributed from SP and ENT business segments
Net cashflow from operations up significantly to $10.3 million from $8.3 million a year ago
New cybersecurity regulations implemented in ASEAN countries present strong
opportunities for NeraTel to offer cybersecurity solutions
another small float counter play?
Latest update:
Tax assessment dispute from past years:
------------------------------------------------------
2018: 4 mils (205k settlement)
2019: 7.81 mils (325k settlement)
2021: 3.62 mils (1.77 mils settlement)
And few lawsuits for outstanding payment owed to Neratel:
------------------------------------------------------------------------
0.33 mils against Suntel Engineering (M) Sdn Bhd
1.04 mils against I-Setia Sdn Bhd
0.38 mils against GB Marketing & Management Sdn Bhd
6.14 mils against PT Wiman Sinergi Teknologi
The Company completed the disposal of 109 Defu Lane 10 Singapore 539225 for $6.3 million on 31 January 2023. Accordingly, it expects to record a gain on disposal of $6.2 million in FY 2023.
desmondxyz ( Date: 03-Feb-2023 10:08) Posted:
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