Awantec on cloud nine with new Google contract

“Awantec’s diversification into cloud-based service offerings is gaining good traction, in our view,” said CGS-CIMB Research

KUALA LUMPUR: Awanbiru Technology Bhd (Awantec) is deemed to have received a “shot in the arm” to its earnings, after bagging a RM76mil contract to provide Google workspace solutions and related services.

CGS-CIMB Research said it sees the new contract award as a positive surprise for the group.