Pestech wins RM6.6mil EPCC contract

PETALING JAYA: Pestech International Bhd’s wholly-owned subsidiary, Pestech Sdn Bhd has received a countersigned formal instrument of agreement from DT GLobal Asia Pacific Pty Ltd to offer engineer, procure, construct, and commission services at the PNG Power Ltd (PPL) Arawa Mini Grid Autonomous Region of Bougainville, Papua New Guinea for the Economic and Social Infrastructure Program (ESIP).

In a filing with Bursa Malaysia, Pestech stated the contract price is worth A$2.2mil (RM6.6mil). It added a provisional sum of A$430,000 (RM1.3mil) is also included in the contract price for selected items that are to be determined in the execution of the project.