Willowglen MSC unit bags RM12.75mil contract from SP PowerAssets


KUALA LUMPUR: A wholly-owned subsidiary of Willowglen MSC Bhd, Willowglen Services Pte Lrd, has secured a RM12.75mil contract from SP PowerAssets Ltd, Singapore, for the intallation and maintenance of a substation intrusion detection system.

It said the contract is for a period of three years, commencing Dec 1, 2023, and wil be completed by Dec 31, 2026.

"The contract is expected to contribute positively to the group’s earnings and net assets per share for the financial years ending Dec 31, 2024, to 2026," said the group in a stock exchange filing.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Willowglen , SP PowerAssets

   

Next In Business News

CIMB’s succession planning coming into sharp focus
Quebec pension hit with real estate loss as ‘hostile’ market persists
Strong earnings visibility for Matrix Concepts
TRX takes the spotlight
Japan takes Taiwan’s helping hand in chip ops
TM sets sights on even stronger growth this year
Soul-searching for ringgit solutions
Central Europe shoppers still shell-shocked
UMWT to drive green mobility growth
Sarawak’s new energy play gains more attention

Others Also Read