Source: Millennium Services Group
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Millennium Services Group (MIL) has renewed four major long-term contracts with a combined value of $150 million
  • The contracts come from existing MIL clients Myer, Vicinity Centres, Crown Resorts Perth and Jones Lang LaSalle, who will all extend their previous arrangements
  • Millennium says the continuation of these agreements will see the company deliver cleaning and security services to over 77 locations across Australia
  • The company believes the renewal of these contracts is a reflection of the high quality of its services
  • Shares in Millennium Services Group close lower by 6.67 per cent at 28 cents a share

Millennium Services Group (MIL) has renewed four major long-term contracts with a combined value of $150 million.

The contracts come from existing MIL clients Myer, Vicinity Centres, Crown Resorts Perth and Jones Lang LaSalle, who will all extend their previous arrangements

The continuation of these agreements will see Millenium deliver cleaning and security services to over 77 locations across Australia.

MIL’s Vicinity Centres and Crown contacts have each been extended to 2024, while the Jones Lang LaSalle contract has been extended to 2025 and the Myer contract to 2026.

The company said it believed the renewal of these contracts was a reflection of the high quality of its services.

It added that the contract renewals — along with similar deals with other major clients — helped strengthen its “stable and long-term” contract book.

Shares in Millennium Services Group closed lower by 6.67 per cent at 28 cents a share.

MIL by the numbers
More From The Market Herald
The Market Herald Video

" Celsius Resources (ASX:CLA) receives “outstanding” results from MCB

Celsius Resources (ASX:CLA) receives "outstanding" high grade assay results from its ongoing drilling program at its…
Castile Resources (ASX:CST) - Non Executive Chairman, Peter Cook

" Castile Resources (ASX:CST) discovers new high-grade gold zone at Rover 1

Castile Resources (ASX:CST) has discovered a new high-grade gold zone at its Rover 1 Project in…
The Market Herald Video

" Volpara Health Technologies (ASX:VHT) strikes”material” partnership with US-based RadNet

Volpara Health Technologies (ASX:VHT) has signed a contract with US-based RadNet Management for the use of…
The Market Herald Video

" Anson Resources (ASX:ASN) sees consistent pressures at Long Canyon

Anson Resources (ASX:ASN) sees consistent high-pressures at the Long Canyon no.2 well within its Paradox lithium…