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Willowglen bags RM41.55mil contract from Singapore's Public Utilities Board

 Publish date: Fri, 16 Jul 2021, 8:02 PM

KUALA LUMPUR: Willowglen MSC Bhd's wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract worth approximately RM41.55 million in Singapore from the republic's Public Utilities Board (PUB).
 
In a filing with Bursa Malaysia today, Willowglen said the contract is for security system and facility enhancement at various PUB waterworks and desalination plants.
 
The contract commences on July 26, 2021 and is expected to be completed by July 25, 2024.
 
"The contract, which is not renewable, is expected to contribute positively to the group's earnings and net assets per share for the financial years ending Dec 31, 2021 to 2024," said the computer integrated systems design company.
 
According to Willowglen, it expects normal business risks as a result of the contract.
 
 - Bernama

 

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