KUALA LUMPUR (Jan 2): Technology services provider Heitech Padu Bhd has secured a RM58.88 million contract to provide Next Generation Network services for the Inland Revenue Board (LHDN).

In a bourse filing on Tuesday, Heitech Padu said it had accepted and signed the letter of acceptance (LOA) from LHDN on Dec 29.

The group said the contract will be from Jan 1, 2024 to June 30, 2027, spanning three years and six months.

Heitech Padu shares closed one sen or 1.14% higher at 89 sen on Tuesday, giving the group a market capitalisation of RM90.09 million.