| 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 4 December 2018, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM14,393,000 by SP PowerAssets Limited for the Design, Supply, Install, Test and Commission the SCADA & RFID System for Existing Cable Tunnel.
The commencement date of the contract is on 4 December 2018 and will be completed by 3 December 2019. The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial year ending 31 December 2019.
The contract is not renewable and the risk in respect of the contract is 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 5 December 2018. |
|
Announcement Info
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 05 Dec 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05122018-00033 |