| 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 July 2020, the Company’s wholly-owned subsidiary, Willowglen (Malaysia) Sdn Bhd has been awarded a contract valued at approximately RM8,500,000 from Tenaga Nasional Berhad for the Supply, Installation and Testing of Field Terminal Unit for Distribution Automation Project. The commencement date of the contract is on 22 July 2020 and will be completed by 20 January 2024. 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 23 July 2020. |
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Announcement Info
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 23 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23072020-00075 |
Company Name:
Willowglen MSC Berhad
Stock Name:
Willow
Date:
23rd July 2020