GHL’s petrol subsidy win a market surprise

Drawing interest: The contract worth some RM25mil has been awarded through a tender process, says GHL.

THE win by GHL Systems Bhd in the contract to develop and design a system for the targeted petrol subsidy for the RON95 fuel is a surprise to the market.

The contract worth some RM25mil has been awarded through a tender process and GHL says in a filing with Bursa Malaysia that it has been notified of this win through a disclosure in the Finance Ministry’s procurement portal.