AI assistant
MCS SERVICES LIMITED — Capital/Financing Update 2016
Jun 21, 2016
65377_rns_2016-06-21_e50b9259-bfde-417d-9b7d-3c873af93d5b.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [117 x 62] intentionally omitted <==
22 June 2016
Australian Securities Exchange Level 40, Central Park 152-154 St George’s Terrace Perth WA 6000
ASX ANNOUNCEMENT
CONTRACT AWARD
MCS Services Limited ( MCS Services or the Company ) (ASX: MSG ) is pleased to announce that it has been awarded a contract to provide a mix of on-site security officers, patrols and alarm call out services at Northlands, Southern River and Gwelup shopping centres and Joondalup House ( Contract ).
The Contract’s initial term is for two years commencing 1 July 2016 with a possible one year extension. The Contract is estimated to generate income for the Company of approximately $235k per annum based on core hours with the potential for additional revenue to be generated for alarm call outs outside the base scope of works.
Commenting on the new Contract, MCS Services Chief Executive Officer, Mr Paul Simmons, said “MCS has an established track record of providing fully integrated security services in Western Australia. We are very pleased to have been selected by the centres and look forward to delivering a high quality service.”
Yours faithfully
==> picture [128 x 60] intentionally omitted <==
Paul R. Simmons Chief Executive Officer MCS Services Limited
-END-
MCS Services Limited ABN 55 119 641 986
3/108 Winton Road, Joondalup, WA, 6027
Tel: +61 8 9301 2420
www.mcssecurity.com.au
==> picture [117 x 62] intentionally omitted <==
About MCS Services Limited
MCS Services Group is a company listed on the Australian Securities Exchange (ASX: MSG) and is one of the largest fully integrated security providers in Western Australia, employing over 500 operational staff and supervisors.
MCS Services Group specialises in asset security at government offices and facilities, major commercial property sites, retail shopping centres, sports stadiums, construction sites and major events throughout Western Australia.
MCS Services Group is an established, profitable and growing business that is focussed on both strategic acquisitions of high quality security businesses and underlying organic growth to generate positive returns for our shareholders.
MCS Services Group commenced trading on the Australian Securities Exchange on 29 December 2015.
2