Heitech Padu wins contract worth RM44mil


In a filing with Bursa Malaysia, Heitech said it had accepted the letter of award for the supply, delivery, installation, testing, commissioning, operations and maintenance of managed wide area networks infrastructure services for PNB and ASNB.

KUALA LUMPUR: Heitech Padu Bhd has bagged a contract worth RM43.8mil to provide infrastructure services for Permodalan Nasional Bhd (PNB) and Amanah Saham Nasional Bhd (ASNB) for five years.

In a filing with Bursa Malaysia, Heitech said it had accepted the letter of award for the supply, delivery, installation, testing, commissioning, operations and maintenance of managed wide area networks infrastructure services for PNB and ASNB.

It is expected to have positive effects on its future earnings and earnings per share.

Heitech Padu shares closed 5.5 sen or 6% lower to 82.5 sen yesterday, giving the technology product and services supplier a market capitalisation of RM83.5mil.

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