The Board of Directors of iWOW Technology Limited announced that a wholly-owned subsidiary of the Company, has secured a contract worth approximately SGD 20 million. The contract is in relation to the installation and maintenance of Smart City Infrastructure for a customer(s) in Singapore. The contract with an aggregate value of approximately SD 20 million, consist: (i) Supply and installation works, which is expected to be fulfilled over the next 12 months, barring unforeseen circumstances; (ii) A 2 years Defects Liability Period ("DLP"); and (iii) A 10 years maintenance component, which is expected to commence subsequent to the DLP, up till the financial year ending 31 March 2037.