HeiTech Padu bags RM37mil contract from MoH

PETALING JAYA: Heitech Padu Bhd has secured a contract worth RM37.02mil from the Health Ministry (MoH).

In a filing with Bursa Malaysia, HeiTech said the contract was to supply, deliver, install, build, configure, integrate, migrate, test and commission the use of HIS@KKM hardware, software and systems at Sultan Ismail Hospital, Johor.

The contract is for a period of 36 months commencing from Dec 18, 2023 to Dec 17, 2026.

HeiTech Padu expects the contract to contribute positively to the earnings and net assets per share of the company for the financial year ending Dec 31, 2023 and onwards until the completion of the contract.

In the recent third quarter ended Sept 30, 2023, HeiTech Padu recorded a net loss of RM1.4mil on a revenue of RM63.4mil.

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