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Pestech gets LoA from TNB to supply smart meters

PETALING JAYA: Pestech International Bhd has received a letter of award (LoA) from Tenaga Nasional Bhd (TNB) for the supply and delivery of smart meters for the Smart Billing Project Deployment Phase 2 in Selangor, Kuala Lumpur, Putrajaya and Cyberjaya. The total contract amounts to RM38.38mil and will be effective from the date of the LoA. The duration is for two years.

Business Premium

Pestech International

Surge in buying interest offers new opportunities


Trading ideas: Mestron, Astro, Sarawak Energy, Damansara Realty, ARB

KUALA LUMPUR: Mestron Holdings Bhd, Astro Malaysia Holdings Bhd, Sarawak Energy Bhd, Damansara Realty Bhd and ARB Bhd are among the stocks to watch on Tuesday.


Pestech wins US$7.16mil contract in Iraq

PETALING JAYA: Electrical power facilities provider Pestech International Bhd has secured a US$7.16mil contract to supply six new mobile substations to the Electricity Ministry of Iraq, marking the group’s maiden penetration into the Middle East.

Analyst Reports

Pestech to see improved quarters in FY19

KUALA LUMPUR: Pestech International Bhd's two new contracts from Tenaga Nasional Bhd worth RM281mil has brought its order book to about RM2.3bil, which will keep it busy for two to three years, says Kenanga research.