KUALA LUMPUR (April 22): HeiTech Padu Bhd has bagged an RM19.89 million hardware and software upgrade contract by the National Registration Department.
The two-year contract commences on May 1, the group said in a filing with Bursa Malaysia.
“The contract is expected to have positive effects on future earnings and earnings per share of HeiTech,” said the company.
It added that the contract will, however, have no material effect on the company’s dividend policy, share capital and substantial shareholdings for the financial year ending Dec 31, 2020.
Shares of HeiTech Paud closed half a sen or 0.66% lower at 75 sen today, valuing the company at RM75.92 million.
The counter has surged some 63% over the past one month from 46 sen on March 23. However it is down 16% compared with a year ago.
http://www.theedgemarkets.com/article/heitech-padu-awarded-rm199m-it-job-nrd
