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FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

AWC secures RM108m hospital support services contract

AWC
AWC
Original Source From TheEdge Publish at Wed, 09 Dec 2020, 06:32AM

KUALA LUMPUR (Dec 9): AWC Bhd has secured a hospital support services contract from the Health Ministry worth RM107.89 million.

The group said in a bourse filing that the ministry had accepted its tender to provide the services for the Shah Alam Hospital.

The contract period will be five years commencing from Jan 1, 2021 to Dec 31, 2025.

“The contract is expected to contribute positively towards the future earnings of the AWC Group over the duration of the contract,” the group said.

AWC’s share price closed three sen or 6.32% higher at 50.5 sen today, valuing the group at RM161.35 million.

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