Based on close sources, Systech's directly owned subsidiary, SysArmy, could be close to clinching a government contract in the range of RM150mil over 5 years for production, installation, testing and training of its trademark cyber security monitoring, professional and technology services.
Though not verified, could be the reason for the price rally and support. If materialised, Systech's revenue and profit will more than triple.
Stock: [SYSTECH]: SYSTECH BHD
2017-09-21 14:16 | Report Abuse
Based on close sources, Systech's directly owned subsidiary, SysArmy, could be close to clinching a government contract in the range of RM150mil over 5 years for production, installation, testing and training of its trademark cyber security monitoring, professional and technology services.
Though not verified, could be the reason for the price rally and support. If materialised, Systech's revenue and profit will more than triple.
If true, it could be the next PresBhd