The initial component, worth an aggregate value of approximately $2.3 million, is expected to be fulfilled over the next 60 months, barring unforeseen circumstances. This will consist of the provisions of smart metering equipment, smart metering system maintenance services and billing-as-a-service for utilities consumption.
In a bourse filing on SGX on Aug 23, iWOW Technology (SGX:NXR
) announced that it has secured a contract worth up to approximately $4.8 million.
The company was awarded the contract in relation to the provision of smart metering maintenance and billing services for a leading commercial real estate services provider in Singapore.
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