| 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 10 January 2022, the Company’s wholly-owned subsidiary, Willowglen (Malaysia) Sdn Bhd has been awarded a contract valued at approximately RM7,770,000 by Prasarana Malaysia Berhad (“Prasarana”) for the Design, Supply, Delivery, Installation, Integration, Testing and Commissioning of Existing SCADA and CCTV System.
The contract is for a period of 12 months from the commencement date which is to be determined later. 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 and 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 11 January 2022.
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Announcement Info
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 11 Jan 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11012022-00049 |