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CIGL Announces SG$11.6M (US$9.04M) in New Recurring Revenue Deals

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Form 6-K disclosure: Concorde International Group Ltd. (CIGL) furnished a press release dated June 17, 2025, included as Exhibit 99.1.

The press release states Concorde secured SG$11,621,370 (approximately US$9,040,472) in new multi-year recurring revenue contracts covering January through May 2025, comprising engagements with new clients and expanded agreements at newly secured sites. The release is furnished and is not deemed "filed" under Section 18 of the Exchange Act. The report is signed by CEO Swee Kheng Chua on August 6, 2025. The registrant indicates it files annual reports on Form 20-F.

Positive

  • Secured SG$11,621,370 (approx. US$9,040,472) in new contracts from January through May 2025
  • Contracts described as multi-year recurring revenue, implying potential recurring cashflows
  • Business growth includes engagements with new clients and expanded agreements at newly secured sites

Negative

  • No disclosure of contract durations, annualized value, or expected revenue recognition timing
  • No breakdown by customer, industry, or site to assess concentration or credit risk
  • Press release furnished, not "filed" under Section 18, which may limit Section 18 liability protections

Insights

TL;DR: New SG$11.6M of multi-year recurring contracts is a positive commercial development but financial impact is unclear without revenue recognition or term details.

The disclosed SG$11,621,370 (~US$9.04M) in new contracts for Jan–May 2025 signals sales momentum and customer expansion. However, the filing provides no contract durations, expected annualized revenue, margin profile, or customer concentration metrics, limiting ability to quantify earnings or cashflow impact. Investors should seek follow-up disclosure on contract terms, start dates, revenue recognition treatment, and contribution to 2025 guidance.

TL;DR: Securing new and expanded site agreements indicates market traction, but materiality to company scale cannot be assessed from furnished details.

The statement that contracts include new clients and expanded agreements at newly secured sites suggests diversification and upsell activity. The multi-year recurring nature implies potential revenue visibility beyond one-off sales. Absent explicit contract lengths, service scope, or counterparty IDs, it is not possible to determine contract longevity, concentration risk, or operational implications for deployment and margins.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of, August 2025

 

Commission File Number 001- 42606

 

CONCORDE INTERNATIONAL GROUP LTD

(Translation of registrant’s name into English)

 

3 Ang Mo Kio Street 62, #01-49 LINK@AMK

Singapore 569139

 (Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F x Form 40-F o

 

 

 

 

 

 

Issuance of Press Release

 

On June 17, 2025, Concorde International Group Ltd. issued a press release announcing that it secured a total of SG$11,621,370 (approximately US$9,040,472) in new contracts from January through May 2025. These contracts include engagements with new clients as well as expanded agreements with existing customers across newly secured sites. A copy of the press releases is attached hereto as Exhibits 99.1. The press release furnished in this report as Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section.

 

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EXHIBIT INDEX

 

Exhibit No.   Description
     
Exhibit 99.1   Press Release titled “Concorde International Group Secures SG$11.6 Million (Approx. US$9.0 Million) in New Multi-Year Recurring Revenue Contracts,” dated June 17, 2025

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: August 6, 2025 CONCORDE INTERNATIONAL GROUP LTD
     
  By:  /s/ Swee Kheng Chua
    Swee Kheng Chua
    Chief Executive Officer and Chairman

 

 

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FAQ

What amount of new contracts did Concorde International Group (CIGL) announce?

The company announced SG$11,621,370 in new contracts, approximately US$9,040,472.

What period do the announced contracts cover?

The contracts were secured during January through May 2025.

When was the press release dated and where is it filed in the 6-K?

The press release is dated June 17, 2025 and is furnished as Exhibit 99.1 to the Form 6-K.

Does the Form 6-K say the press release is "filed" under Section 18?

No. The filing states the press release is furnished and shall not be deemed to be "filed" for purposes of Section 18.

Who signed the Form 6-K and when?

The report is signed by Swee Kheng Chua, Chief Executive Officer and Chairman, on August 6, 2025.

Which annual report form does Concorde indicate it files?

The registrant indicates it files annual reports on Form 20-F.
Concorde International Group Limited

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