| 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 15 July 2020, the Company’s wholly-owned subsidiary, Willowglen (Malaysia) Sdn Bhd has received and accepted a contract valued at RM16,283,089.50 from Sapura Rail Systems Sdn Bhd for the Design, Manufacture, Supply, Delivery, Installation, Testing and Commissioning of System Solution for Supervisory Control And Data Acquisition (“SCADA”). The commencement date of the contract is on 15 July 2020 and will be completed by 30 November 2023 with a defect liability period of 24 months from completion date. The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2020 to 2023. 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 17 July 2020. |
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Announcement Info
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 17 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17072020-00076 |
Company Name:
Willowglen MSC Berhad
Stock Name:
Willow
Date:
17th July 2020