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Shares in ASG Group Limited (ASX:ASZ) have risen to the best performer on the All Ordinaries Index in morning trade after scoring a contract win and flagging possible future deals.
The provider of information technology services has signed a full managed services contract with Western Australia’s largest provider of gas and electricity, Synergy.
ASG says the deal is valued at $15 million for the base managed services, excluding projects, and the contract has a term of three years.
ASG has also advised it is currently in exclusive negotiations for opportunities in excess of $80 million, all of which are expected to be concluded within the next three months.
ASG Group reported a net profit of $5.71 million in the first half of the 2015 financial year.
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