TM appoints Mesiniaga to install, maintain Internet gateway


THE FIRST COMMERCIAL BUILDING IN MALAYSIA TO BE BUILT ACCORDING TO PRINCIPLES OF ECOLOGICAL DESIGN: MENARA MESINIAGA IN SUBANG JAYA, SELANGOR.

KUALA LUMPUR: Telekom Malaysia Bhd (TM) has awarded a RM20.73mil contract to Mesiniaga Bhd for the supply, installation and maintenance of its managed Internet gateway.

In a filing with Bursa Malaysia, the ICT solutions and services provider said the contract was for an eight-year period from Jan 1, 2017, to Dec 31, 2024.

Mesiniaga said the proposed transaction would not have any material effect on its net assets for the financial year ending Dec 31, 2017, but was expected to contribute positively to the company’s earnings over the contract period.

In 2014, Mesiniaga secured a five-year contract from TM for its HSBB IP Core project valued at RM223mil. It successfully rolled out the initial phase of the TM IP Core network in 2014 while the remaining phases were rolled out in the second half of 2015.
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Sunway to sell stake in healthcare unit to GIC -sources
Serba Dinamik says to take legal action against auditor KPMG
Daibochi reports steady Q3 results, warns rising costs may impact prospect�
Genting, Digi underpin FBM KLCI rebound
Pay-TV company Astro delivers nearly double net profit in Q1
BNM's international reserves rise to US$111bil as at June 15
Oil rises on optimism of quick recovery in global demand
Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany
RHB Group's green financing grows to RM3.25bil YTD
Affin, Generali to co-develop more than RM2bil GWP insurance business

Stories You'll Enjoy


Vouchers