Ecomate bags RM16.66mil software order


PETALING JAYA: Ecomate Holdings Bhd has received a purchase order from a company (Customer C) for the subscription of 336 units of software licences for a period of 60 months, worth RM16.66mil.

In a filing with Bursa Malaysia, Ecomate said Customer C is principally engaged as a solution provider and distributor of information and communication technology hardware and software.

“The purchase order will not have any effect on the company’s issued share capital and substantial shareholders’ shareholdings. The purchase order is expected to contribute positively to the earnings per share and net assets per share of the group,” it said.

Save for the normal operational risks, Ecomate said it is not aware of any other risk factors which may arise from the purchase order.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ecomate , software , licence

Next In Business News

FBM KLCI stays little changed despite US tech rally
Ringgit opens higher against US$, major currencies on improved sentiment
Trading ideas: Gamuda, Ecomate, Dialog, Powerwell, Southern Score, Inspace, Frontken, Winstar, Kelington, Excel Force, Straits Energy, Pekat, CTOS, M&A Equity
M’sia exports expected to sustain momentum
SoftBank seeks US$11bil in junk bonds for AI stake
Questions raised as tech giant Sea tells staff where to credit salaries
Unisem set for growth on capacity expansion
TMK Chemical acquisition triggers a target price trim
Better capital mobilisation vital to back Hanoi’s growth
Indonesia's budget stays on course despite spending push

Others Also Read