| WILLOWGLEN MSC BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description |
NEW CONTRACT AWARDED |
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The Board of Directors of Willowglen MSC Berhad (“the Company”) is pleased to announce that on 7 January 2022, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM9,280,000 by Public Utilities Board, Singapore for the Servicing and Maintenance of Server Room Equipment of various Supervisory Control and Data Acquisition Systems. The commencement date of the contract is on 17 January 2022 and will be completed by 16 January 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 7 January 2022.
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Announcement Info
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 07 Jan 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07012022-00068 |