Willowglen Bags RM14.39 Mln Contract In Singapore

KUALA LUMPUR, Dec 6 (Bernama) – Computer integrated systems design company, Willowglen MSC Bhd, bagged a RM14.39 million contract from Singapore-based SP Power Assets Ltd to design, supply, install, test and commission the supervisory control and data acquisition and radio frequency identification system for the existing cable tunnel. The contract, secured via wholly-owned subsidiary Willowglen Services Pte Ltd, commenced on Dec 4, 2018 and will be completed by Dec 3, 2019 and was expected to contribute positively to the group’s earnings and net assets per share for the financial year ending Dec 31, 2019,” it said in a filing with Bursa Malaysia Wednesday. Willowglen said the contract was not renewable and carried the normal business risks. -- BERNAMA