UEM Edgenta unit secures RM91.8mil job from an associate

  • Corporate News
  • Monday, 21 Mar 2016

KUALA LUMPUR: Edgenta Healthtronics Sdn Bhd, a unit of UEM Edgenta Bhd’s wholly-owned subsidiary Edgenta Mediserve Sdn Bhd (EMS), has secured a RM91.8mil contract from EMS’ 40% owned associate Sedafiat Sdn Bhd.

UEM Edgenta, which provides asset and facility management services, told Bursa Malaysia that the three-year contract was for bio-medical engineering maintenance services.

Sedafiat is a 40% associated company of Edgenta Mediserve (Sabah) Sdn Bhd, which in turn is a wholly-owned subsidiary of EMS.

UEM Edgenta said the contract was expected to contribute positively to the group’s future earnings and net assets per share.

“Save for Azmir Merican and Datuk Jezilee Mohamad Ramli who sits on the board of Edgenta Healthtronics and Sedafiat, none of the director and/or major shareholders of the company or persons connected to the said Director and/or major shareholder have any interest, direct or indirect, in the new contract awarded,” the UEM Group Bhd subsidiary added.

UEM Edgenta shares gained 6 sen to close at RM3.51 on Monday.
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