ANNOUNCEMENTS

OTHERS NEW CONTRACT AWARDED

May 09, 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 8 May 2017, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM5,187,000 by Surbana Technologies Pte Ltd for the Installation and Maintenance Support for Remote Terminal Unit and CCTV System.

The commencement date of the contract is on 8 May 2017 and will be completed by 22 August 2022. 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 2022.

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 9 May 2017.




Announcement Info

Company Name WILLOWGLEN MSC BERHAD
Stock Name WILLOW
Date Announced 09 May 2017
Category General Announcement for PLC
Reference Number GA1-09052017-00049

 

 
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