stockbullzOTHERS Letter of Award for the Agreement for the Supply and Delivery of Plastic Based Materials; PVC Duct, HDPE Corrugated Subduct and Accessories for Telekom Malaysia Berhad
OPCOM HOLDINGS BERHAD
Type Announcement Subject OTHERS Description Letter of Award for the Agreement for the Supply and Delivery of Plastic Based Materials; PVC Duct, HDPE Corrugated Subduct and Accessories for Telekom Malaysia Berhad The Board of Directors of Opcom Holdings Berhad ("Opcom") wishes to announce that its subsidiary, Opcom Cables Sdn Bhd has received and accepted a RM28.03 million Letter of Award from Telekom Malaysia Berhad ("Telekom") on 15 December 2016 for the provision of Supply and Delivery of Plastic Based Materials; PVC Duct, HDPE Corrugated Subduct and Accessories for TM for a period of three (3) years commencing from 6 December 2016 to 5 December 2019 ("Award").
The Award is expected to contribute positively towards Opcom Group's earnings and net assets for the period of the Award.
The risk factors which may affect the Award include but not limited to ordinary business risks, competition risks, operations risks, economic risks and regulatory risks.
Directors' and Substantial Shareholders' Interest
None of the directors and substantial shareholders of Opcom and/or its subsidiaries or any persons connected to them has any interest, direct or indirect, in the Award.
gimmy2uNew bussiness manufacturing of thixothropic gel Contribute for 3Q earning soon !
manufacturing of thixothropic gel , is expected to commence commercial production at the beginning of the second quarter of the new financial year which is expected to contribute positively to the Group's bussiness prospects ."
Erieno wonder today is bullish.all of sudden my shares are all gone at 0.625 :)