Friday 29 Mar 2024
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KUALA LUMPUR (May 9): Technological solutions provider Willowglen MSC Bhd has secured a contract worth RM9.21 million from Singapore's SP PowerAssets Ltd for a 6.6kV Remote Terminal Unit Maintenance.

In a filing to Bursa Malaysia today, it said the five-year contract was awarded to its wholly-owned subsidiary Willowglen Services Pte Ltd and commences from today until May 8, 2024.

"The contract is expected to contribute positively to the group's earnings and net assets per share for the financial years ending December 31, 2019 to 2024," Willowglen said.

Shares of Willowglen slipped 1 sen or 2.15% to close at 45.5 sen for a market capitalisation of RM221.4 million.

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