Pestech International's subsidiary secures RM743.95mil APM contract at KLIA

KUALA LUMPUR: Pestech International Bhd’s wholly-owned subsidiary, Pestech Technology Sdn Bhd (PTECH), has secured a contract for works in relation to design, supply, installation, testing and commissioning of automated people mover (APM) and associated works at KL International Airport (KLIA) from Malaysia Airports (Sepang) Sdn Bhd (MASSB) worth RM742.95 million.

In a filing with Bursa Malaysia today, Pestech International said the project fell under Option 2, which included financing (D&B Works) and operation and maintenance (O&M Services) until Feb 11, 2034.