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Willowglen MSC Secures RM15.3mil Maintenance Contract with SP PowerAssets Ltd
ByAinvest
Monday, Jun 23, 2025 7:50 am ET1min read
Willowglen MSC Bhd's subsidiary, Willowglen Services Pte Ltd, has been awarded a RM15.3mil contract by SP PowerAssets Ltd for the maintenance of partial discharge systems. The contract will run from June 23, 2025 to May 31, 2030, and is expected to positively impact the group's earnings and net assets per share.
Willowglen MSC Bhd's subsidiary, Willowglen Services Pte Ltd, has been awarded a significant contract by SP PowerAssets Ltd for the maintenance of partial discharge systems. The contract, valued at RM15.3 million, will run from June 23, 2025, to May 31, 2030, marking a strategic move for the group. This agreement is expected to positively impact Willowglen MSC Bhd's earnings and net assets per share.The contract involves the maintenance of partial discharge systems, which are critical components in ensuring the reliability and efficiency of power generation facilities. Willowglen Services Pte Ltd's expertise in this area underscores its commitment to delivering high-quality maintenance services.
The contract's duration and value highlight Willowglen MSC Bhd's growing role in the power sector, particularly in the maintenance of critical infrastructure. The company's ability to secure such a substantial contract demonstrates its competitive edge and reliability in the market.
For more information on this and other initiatives, visit Willowglen MSC Bhd's website at www.willowglenmsc.com.
Reference List:
[1] https://www.gurufocus.com/news/2935606/sbm-offshore-signs-an-operations-and-maintenance-contract-for-fpso-granmorgu-with-totalenergies-sbfff-stock-news
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