Positive on Pestech's RTS rail electrification contract

I

KUALA LUMPUR: Pestech International Bhd received a boost to its order book and proved its technical capability after securing the cross-border rail electrification project for the 4km rapid transit system link between Malaysia and Singapore.

Keannga Research said it is positive on the win, which brings the group's year-to-date total contract wins to RM335mil officially for FY21, in addition to its outstanding order book of RM2.2bil as at February 2021.

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Kenanga Research , Pestech International , RTS , Rapid Transit System

   

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