The Board of Directors of Noel Gifts International Ltd. announced that the company has been awarded a contract by the People's Association, Singapore for the design, production, packaging and distribution of gift sets for parents with babies. Subject to market demands, the revenue that could potentially be derived from the Contract ranges from SGD 2.07 million to SGD 3.30 million. Slated for full implementation from July 2017 onwards, the Contract is expected to contribute positively to Noel Group's financial performance for the financial year ending 30 June 2018.