KUALA LUMPUR (Nov 10): KUB MALAYSIA BHD []’s unit has accepted an additional contract from TELEKOM MALAYSIA BHD [] for the supply and delivery of the residential gateway system of RM11.78 million.
It said the additional contract increased the total amount of the TM contract to RM34.93 million.
“The additional contract tenure is for a period of one year,” KUB said, adding this would contribute positively to the group‘s earnings and earnings per share for the financial year ending Dec 31, 2011.
KUB said there are minimal risks as the additional contract is based on current and immediate requirement of TM for the supply and delivery of the residential gateway.
It said the additional contract increased the total amount of the TM contract to RM34.93 million.
“The additional contract tenure is for a period of one year,” KUB said, adding this would contribute positively to the group‘s earnings and earnings per share for the financial year ending Dec 31, 2011.
KUB said there are minimal risks as the additional contract is based on current and immediate requirement of TM for the supply and delivery of the residential gateway.
