This share is a nightmare - just received its buyback notice to be passed at the agm. does anyone know how much premium will be placed at buyback price? If this is below current market price, then what is the purpose of holding? any views appreciated,
On behalf of the Board of Directors of Willowglen MSC Berhad (“the Company”), we are pleased to announce that on 10 April 2015 the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded the following contracts by Public Utilities Board, Singapore:
· A contract valued equivalent to about RM3,647,000 for the Supply, Installation and Commissioning of Pressure and Water Quality Sensors – Construction Works.
The commencement date of the contract is on 27 April 2015 and will be completed by 26 February 2016. The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2015.
· A contract valued equivalent to about RM5,354,000 for the Supply, Installation and Commissioning of Pressure and Water Quality Sensors – Maintenance Services.
The commencement date of the contract is on 27 February 2016 and will be completed by 26 February 2021. The contract is expected to contribute positively to the Group’s earnings and net assets per share for the financial years ending 31 December 2016 to 2020.
The contracts are not renewable and the risks in respect of the contracts are the normal business risks.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3325 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tksw
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Posted by tksw > 2015-04-07 15:58 | Report Abuse
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