ANNOUNCEMENTS

OTHERS NEW CONTRACT AWARDED

Sep 25, 2017

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 22 September 2017, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM7,266,000 by SK E&C (Singapore Branch) for the Design, Construction and Completion of North-South Transmission Cable Tunnel – Contract NS2.

The commencement date of the contract is on 22 September 2017 and will be completed by 3 June 2018. The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2017 to 2018.

The contract is not renewable and the risk in respect of the contract is 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 25 September 2017.





Announcement Info

Company Name WILLOWGLEN MSC BERHAD
Stock Name WILLOW
Date Announced 25 Sep 2017
Category General Announcement for PLC
Reference Number GA1-25092017-00052

 

 
Willowglen (Malaysia) Sdn. Bhd. (Company No. 351570-A). No 17, Jalan 2/149B, Taman Sri Endah, Bandar Baru Sri Petaling, 57000, Kuala Lumpur, Malaysia.
Tel: (603) 90571228 Fax: (603) 90571218

© 2013 Willowglen MSC Berhad (Company No. 462648-V). All Rights Reserved