<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 6): Heitech Padu Bhd has bagged a contract worth RM43.8 million to install wide area networks infrastructure services for Permodalan Nasional Bhd (PNB) and Amanah Saham Nasional Bhd (ASNB).</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing on Wednesday (July 6), the company said it has received the letter of award from PNB and ASNB&nbsp; for the contract which is over a period of five years.</p></div>

<div class=newsTextDataWrapInner><p>The contract is expected to be positive for the company’s future earnings and earnings per share.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Nevertheless, the contract will have no material effect on the dividend policy, share capital and substantial shareholdings of the company for the financial year ending Dec 31, 2022,” said the company.</p></div>

<div class=newsTextDataWrapInner><p>Heitech Padu closed 5.5 sen or 6.25% lower at 82.5 sen, giving the IT service management company a market capitalisation of RM83.51 million.</p></div>


Heitech Padu Bhd has bagged a contract worth RM43.8 million to install wide area networks infrastructure services for Permodalan Nasional Bhd (PNB) and Amanah Saham Nasional Bhd (ASNB).

In a bourse filing on Wednesday (July 6), the company said it has received the letter of award from PNB and ASNB  for the contract which is over a period of five years.

Heitech Padu wins RM43.8 mil network contract from PNB, ASNB

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Kim said a seri...

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<p>Construction and engineering contractor Crest Builder Holdings Bhd said it had secured a condominium project valued at RM486 million in Mont Kiara. &nbsp;</p>

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


KomarkCorp, Topmix, PavREIT, Axis REIT, KIP REIT, Cypark, Crest Builders, Capital A, Gadang, Haily, DXN, Inta Bina, Comfort Gloves, AHB

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Iskandar Malaysia’s RM636b investment target to help propel country into world's top 30 economies — PM

<p>Comfort Gloves Bhd said there was a fire at the glove maker’s newly-built three storey warehouse and packing department in Taiping, Perak on Tuesday morning.</p>

<p>“The cause of the fire and the actual extent of the damage are currently still unknown, pending the completion of police investigations into the fire and issuance of their report,” the group said in a bourse filing.</p>


Comfort Gloves reports fire at new Taiping warehouse

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<p>Chin Hin Group Bhd’s conditional mandatory takeover offer to acquire the remaining shares it does not own in Signature International Bhd has turned unconditional, after it aggregated more than 50% of the voting shares.</p>


Chin Hin's MGO for Signature International turns unconditional as shareholding surpasses 50%

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