KUALA LUMPUR: Pestech International Bhd
’s wholly-owned subsidiary Pestech Sdn Bhd has secured a contract from Tenaga Nasional Bhd (TNB) to supply and deliver 79,800 units of single-phase radio frequency smart meters and 19,950 units of three-phase radio frequency smart meters.
In a filing with Bursa Malaysia, Pestech said the contract is worth RM21.2mil will be valid for a duration of two years.
From 2019 up to to-date, the Pestech group had secured RM139.8mil worth of orders for smart meters from TNB, which inclusive of the latest contract, interim orders and variation orders, was for a total of 643,455 units of smart meters.
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