KUALA LUMPUR: Willowglen MSC Bhd’s wholly-owned subsidiary, Willowglen (Malaysia) Sdn Bhd has been awarded a RM14.4mil contract by Sapura Rail Systems Sdn Bhd.
In a filing with Bursa Malaysia, Willowglen said the contract was for the systems package-integrated supervisory control system in respect of the rapid transit system (RTS).
The commencement date of the contract is on March 2, and will be completed by Sept 30, 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, 2022 to 2026,” Willowglen said.