TM revokes offer to Opcom

  • Business
  • Friday, 05 Apr 2013

PETALING JAYA: Opcom Holdings Bhd subsidiary Opcom Cables Sdn Bhd has received a letter of revocation from Telekom Malaysia Bhd for its RM92.5mil award received back in Oct 9, 2012. The award, which has since been revocated, was supposed to be for the supply and delivery of single-mode optical fibre cables and other cables to Telekom Malaysia for a period of three years.

Opcom said in a Bursa Malaysia note that it was currently in discussion with Telekom Malaysia with the “intention of negotiating a reinstatement of the award or any such variation thereof back to the company.”

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