By Iain Gilbert
Date: Monday 27 Jan 2025
LONDON (ShareCast) - (Sharecast News) - Security and surveillance systems firm Synectics said on Monday that it has been awarded a further contract to deploy a Synergy upgrade and expansion at a major gaming resort in Southeast Asia.
Synectics stated that under the terms of the contract, which was worth approximately $2.2m, it will provide a comprehensive suite of professional services - including the project management and on-site commissioning required to upgrade the existing software and hardware infrastructure to enhance security capabilities.
The AIM-listed firm said it has been working with the unnamed customer since 2014, and stated the contract was further to the $13.2m contracts awarded, in aggregate, in FY24.
Chief executive Amanda Larnder said: "We are delighted to provide our professional services to such a prestigious and long-term customer in a market and territory in which we have significant experience.
"This contract demonstrates the customer's confidence in Synectics' end-to-end expertise required to deliver such an organisationally critical project and the commitment to our ongoing partnership."
As of 1100 GMT, Synectics shares were up 1.80% at 325.75p.
Reporting by Iain Gilbert at Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
| Currency | UK Pounds |
| Share Price | 185.00p |
| Change Today | 2.50p |
| % Change | 1.37 % |
| 52 Week High | 335.00p |
| 52 Week Low | 151.25p |
| Volume | 61,449 |
| Shares Issued | 17.79m |
| Market Cap | £32.92m |
| Beta | 0.01 |
| Value | ![]() |
|---|
| Price Trend | ![]() |
|---|
| Income | ![]() |
|---|
| Growth | ![]() |
|---|
| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 03-Sep-26 | 30-Apr-26 |
| Paid | 02-Oct-26 | 29-May-26 |
| Amount | 2.20p | 2.80p |
| Time | Volume / Share Price |
| 16:11 | 25,000 @ 181.50p |
| 16:07 | 535 @ 186.60p |
| 15:43 | 1,053 @ 182.70p |
| 11:55 | 1,595 @ 188.00p |
| 11:24 | 2,000 @ 181.51p |
You are here: research