Binasat wins RM58.3mil contract from TNB

KUALA LUMPUR: Binasat Communications Bhd has secured a contract worth RM58.26mil from Tenaga Nasional Bhd (TNB) for the proposed double-circuit underground cable.

Binasat said in a Bursa filing that Borderless Connection Sdn Bhd (BCSB), a 51%-owned subsidiary of Binasat in consortium with Binalite Electrical Engineering Sdn Bhd (BEESB) received the letter of acceptance from TNB.