Australia's MCS Services rises as co secures contract in Western Australia

MCS Services

09/04/2021 01:50

** Shares of MCS Services Ltd  MSG.AX  up as much as 10% to
A$0.055, their biggest intraday pct gain since March 1
    ** The security services provider announces it has signed
contract to provide security services at three Perron Group
shopping centres in Western Australia  urn:newsml:reuters.com:*:nASX6J4c9h
    ** Says the aggregate gross value of this contract is
estimated to be in excess of A$7.5 mln ($5.74 mln)
    ** MSG trading at its highest levels since March 30
    ** About 183,000 shares change hands, compared with the
30-day average volume of 164,000 shares 
    ** Stock up 28.2% this year, as of last close

    ($1 = 1.3060 Australian dollars)

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))