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 28 February 2022, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM6,960,000 by Surbana Technologies Pte Ltd, Singapore for the Maintenance of Commuter Facility Equipment Monitoring Services and CCTV Units.

 

The commencement date of the contract is on 1 March 2022 and will be completed by 28 February 2027.

 

The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2022 to 2026.

 

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 28 February 2022.

 


Announcement Info

Company Name WILLOWGLEN MSC BERHAD
Stock Name WILLOW
Date Announced 28 Feb 2022
Category General Announcement for PLC
Reference Number GA1-28022022-00106
Company Name: 
Willowglen MSC Berhad
Stock Name: 
Willow
Date: 
28th February 2022