WILLOW

0.365

-0.005 (-1.4%)

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 15 May 2024, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM7,920,000 by Housing & Development Board, Singapore for the Design, Supply, Installation and Maintenance For Lift Monitoring Devices.

 

The commencement date of the contract is on 30 May 2024 and will be completed by 30 September 2025.

 

The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2024 to 2025.

 

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 15 May 2024.






Announcement Info

Company Name WILLOWGLEN MSC BERHAD
Stock Name WILLOW
Date Announced 15 May 2024
Category General Announcement for PLC
Reference Number GA1-15052024-00051