WILLOW

0.355

-0.005 (-1.4%)

OTHERS NEW CONTRACT AWARDED

WILLOWGLEN MSC BERHAD

Type Announcement
Subject OTHERS
Description
NEW CONTRACT AWARDED

The Board of Directors of Willowglen MSC Berhad (“the Company”) is pleased to announce that on 7 February 2023, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM11,920,000 by SP PowerAssets Limited, Singapore for the Comprehensive Maintenance of Fence Intrusion Detection System.

 

The commencement date of the contract is on 7 February 2023 and will be completed by 6 April 2028.

 

The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2023 to 2028.

 

The contract is not renewable and the risks in respect of the contract are the normal business risks.

 

None of the directors and / or major shareholders of the Company or persons connected to them has any interest, direct or indirect in the new contract awarded. 

 

This announcement is dated 7 February 2023.






Announcement Info

Company Name WILLOWGLEN MSC BERHAD
Stock Name WILLOW
Date Announced 07 Feb 2023
Category General Announcement for PLC
Reference Number GA1-07022023-00049