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MCS SERVICES LIMITED — Capital/Financing Update 2016
Jun 8, 2016
65377_rns_2016-06-08_ea4856cb-1a17-4fea-9420-a3ecc3faebf2.pdf
Capital/Financing Update
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9 June 2016
Australian Securities Exchange Level 40, Central Park 152-154 St George’s Terrace Perth WA 6000
ASX ANNOUNCEMENT
CONTRACT RENEWAL: HILLARY’S BOAT HARBOUR
MCS Services Limited ( MCS Services or the Company ) (ASX: MSG ) is pleased to confirm the signing of a new contract to renew the Company’s security services to the Hillary’s Boat Harbour ( Contract ). The Company has provided security services to this site since April 2006.
The Contract’s initial term is for one year commencing 1 July 2016, where the client holds the option to extend for an additional two years (via two separate one year options that may be exercised at the end of the preceding year). The Contract is estimated to generate approximately 9,100 billable hours per annum for the Company.
Commenting on the new Contract, MCS Services Chief Executive Officer, Mr Paul Simmons, said “MCS Is delighted to provide professional security services to what is Western Australia’s premier ocean side tourism and recreational facility. We are very pleased to have been successful in the tender process against much larger multi nationals and believe that this contract renewal reflects the quality of our service and reinforces the strong, long-lasting relationship we have with this valued client”.
Yours faithfully
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Paul R. Simmons Chief Executive Officer MCS Services Limited
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MCS Services Limited ABN 55 119 641 986
3/108 Winton Road, Joondalup, WA, 6027
Tel: +61 8 9301 2420
www.mcssecurity.com.au
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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.
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