KUALA LUMPUR (Aug 1): Opcom Holdings Bhd rose 7.45% in active trade this morning after it bagged an RM11.16 million contract from Telekom Malaysia Bhd for Unifi service installation and restoration.
At 9.01am, Opcom jumped 7 sen to RM1.01 with 3.77 million shares done.
The group’s subsidiary, Opcom Cables Sdn Bhd, will undertake the work over an 18-month period ending Dec 31, 2019.
The award is expected to contribute positively towards Opcom group's earnings and net assets for the period of the award.