Cabnet secures RM17m contract


  • Corporate News
  • Friday, 29 Sep 2017

KUALA LUMPUR: Cabnet Holdings Bhd has secured a RM17.38mil contract from Axventure M&E Sdn Bhd for the provision of Extra Low Voltage and ICT Services.

The contract appoints Cabnet's wholly owned subsidiary,  Cabnet Systems (M) Sdn Bhd, as the sub-contractor in relation to the provision of Extra Low Voltage & ICT Services for the designing, building, completing, commissioning and maintaining infrastructure and building works for Hospital Pengajar Universiti Teknologi Mara (Zon 1 Fasa 3).

The contract is scheduled for completion on Aug 2, 2019, unless otherwise extended.

At 3.33pm, Cabnet rose one sen or 1.65% to 61.5 sen with 413,200 shares done.
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