- 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.