Noel Gifts clinches commemorative coin contract from MAS
It will handle packaging, marketing and sale.
Mainboard-listed Noel Gifts has been awarded a contract by the Monetary Authority of Singapore (MAS) for the packaging, marketing and sale of Numismatic Currency Sets.
The revenue, which is subject to market demands, that could potentially be derived from the contract is up to approximately $7.9 million.
The contract is expected to contribute positively to Noel’s Group financial performance for the financial year ending 30 June 2016.