HeiTech Padu wins RM30mil IT security job


PETALING JAYA: Heitech Padu Bhd has secured a RM29.7mil cybersecurity contract from the Domestic Trade and Cost of Living Ministry.

In a stock exchange filing, the IT group said it had on Oct 31 accepted and signed the letter of award to enhance the information, communication and technology security for the ministry.

The contract is for a period of 36 months commencing from Nov 1, 2023 to Oct 31, 2026.

The group added the contract is expected to contribute positively to its earnings and net assets per share in the financial year ending Dec 31, 2023 and onwards until the completion of the contract.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Architectural history and evolution
The subsale conveyancing grey area
Calculating rates of charges and share units (part 1)
Trump says new tariffs on autos coming around April 2
Ringgit to trade cautiously ahead of FOMC minutes
Oil prices settle lower as supply worries ease
Domestic demand fuels 5% growth in 4Q24
Opening new frontiers for business
Navigating the future of business travel
Sustainability through strong governance and enriching actions

Others Also Read