Vincent Tan’s REDtone bags RM400mil govt contract

PETALING JAYA: Billionaire tycoon Tan Sri Vincent Tan’s Redtone Digital Bhd has bagged a communications services contract worth RM398.1mil from the government.

REDtone announced that its subsidiary Redtone Engineering & Network Services Sdn Bhd received the 60-month MyGovUC 3.0 contract from the Malaysian Administrative Modernisation and Management Planning Unit (Mampu).

“The contract covers the government’s unified communications including electronic mail system; calendar system; audio and video conferencing; chat and chat spaces; directory management as well as change management including user training; software support; security operation centre; network operation centre and helpdesk covering information security management,” it said in a filing with Bursa Malaysia.

The letter of award was received yesterday, with commencement date on Feb 1.

REDtone said the new contract is expected to contribute positively to its earnings.

“None of the directors or major shareholders of REDtone and/or persons connected with them have any interest, direct or indirect, in the contract,” it added.

REDtone is 40.8%-owned by Berjaya Corp Bhd, in which Tan is the single-largest shareholder.