Wednesday 24 Apr 2024
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KUALA LUMPUR (Dec 21): Sarawak Cable Bhd has bagged a two-year contract valued at RM18.41 million from the Ministry of Health for helicopter services in the state.

In a filing with Bursa Malaysia today, Sarawak Cable said the Medical Evacuation Service and Flying Doctor Service will be undertaken by its wholly-owned subsidiary, Aerial Power Lines Sdn Bhd, which provides chartered or non-scheduled helicopter services.

The group said the contract is expected to contribute positively to the earnings and net assets of the group from 2018 to 2020.

Sarawak Cable shares closed unchanged at 71.5 sen today, for a market capitalisation of RM226.69 million.

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