This article first appeared in The Edge Financial Daily on December 6, 2018 - December 12, 2018
KUALA LUMPUR: Willowglen MSC Bhd’s Singapore unit has secured a RM14.39 million contract to provide supervisory control and data acquisition (Scada) and radio frequency identification (RFID) solutions.
The contract was awarded to wholly-owned Willowglen Services Pte Ltd by SP PowerAssets Ltd, a Singapore electricity distribution services firm. The job involves the design, supply and installation of the Scada and RFID systems for an existing cable tunnel, Willowglen said in a stock exchange filing yesterday.
The contract is non-renewable and is set to be completed by Dec 3, 2019, the group said.
“It is is expected to contribute positively to the group’s earnings and net assets per share for financial year 2019.
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