CEO Morning Brief

Heitech Padu Secures RM37 Mil Contract for End-to-end HIS System Services

edgeinvest
Publish date: Thu, 07 Dec 2023, 09:18 AM
edgeinvest
0 21,756
TheEdge CEO Morning Brief

KUALA LUMPUR (Dec 6): Heitech Padu Bhd has secured a contract worth RM37.01 million to provide end-to-end services for the hospital information system (HIS) at Sultan Ismail Hospital in Johor Bahru.

In a filing with Bursa Malaysia on Wednesday, the global ICT systems and technology service provider said the 36-month contract will commence on Dec 18.

The services provided by the group will encompass the supply, installation, development, configuration, testing and commissioning of HIS hardware, software and systems.

Heitech said the contract is expected to contribute positively to its earnings and net assets for the year ending Dec 31, 2023 and onwards until the completion of the contract.

"The board of directors is of the opinion that the execution of the contract is in the ordinary course of business and is in the best interest of the company," it said.

Shares in Heitech Padu ended one sen or 1.24% higher at 82 sen on Wednesday, giving the group a market capitalisation of RM82.05 million.

Source: TheEdge - 7 Dec 2023

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment