HeiTech wins RM23mil Perkeso contract

shares in IT provider HeiTech Padu Bhd gained ground in early trade on Monday, but has since cooled down following its reply to an unusual market activity (UMA) query by Bursa Malaysia. Yesterday, HeiTech Padu closed four sen lower at RM1.24. In a response to the UMA query on Monday, HeiTech Padu said it was not aware of any possible explanation to account for the unusual trading activity. On Friday, shares in HeiTech Padu hit limit-up after rising 30% or 31 sen

PETALING JAYA: Heitech Padu Bhd has accepted a letter of award valued at RM23.3mil from the Social Security Organisation or Perkeso for a contract to develop and integrate its Scheme Management Application System.

The contract is for a period of 38 months, commencing from March 13, 2019 to May 12, 2022.