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 19 August 2019, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM6,340,000 by INCSYS Pte Ltd, Singapore for the Supply, Installation, Testing and Commissioning of the Integrated Security and Surveillance System.

 

The commencement date of the contract is on 19 August 2019 and will be completed by 12 January 2022.

 

The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2019 to 2021.

 

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 20 August 2019.





 


Announcement Info

Company Name WILLOWGLEN MSC BERHAD
Stock Name WILLOW
Date Announced 20 Aug 2019
Category General Announcement for PLC
Reference Number GA1-20082019-00114
 
Company Name: 
Willowglen MSC Berhad
Stock Name: 
Willow
Date: 
20th August 2019