ACCEPTANCE OF LETTER OF AWARD FOR THE SUPPLY, DELIVERY, INSTALLATION, CONFIGURATION, TESTING AND COMMISSIONING OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) INFRASTRUCTURE UPGRADE AT TECHNOLOGY PARK MALAYSIA CORPORATION SDN BHD
1. Introduction
Comintel Corporation Bhd ("Comcorp" or "the Company") is pleased to announce that its wholly-owned subsidiary, Comintel Sdn Bhd, has on 10 July 2009 accepted a Letter of Award for the Supply, Delivery, Installation, Configuration, Testing and Commissioning of Information and Communication Technology (ICT) Infrastructure Upgrade at Technology Park Malaysia Corporation Sdn Bhd.
2. Contract Value
The Contract Value of the Project is RM15,559,583.00.
3. Duration of the Project
The Contract is for a period of eight (8) months.
4. Financial Effect
The Contract is expected to contribute positively to the Earnings and Net Assets of Comcorp in the financial year ending 2010 and 2011.
5. Directors' and Substantial Shareholders' Interest
None of the Directors or Substantial Shareholders or any person connected to the Directors or Substantial Shareholders of Comcorp has any interest, either direct or indirect in the above Contract.
6. Statement by the Directors
The Board of Directors of the Company is of the opinion that the above Contract is in the ordinary course of business and is in the best interest of the Company.
Announcement Info
Company Name | COMINTEL CORPORATION BHD |
Stock Name | COMCORP |
Date Announced | 13 Jul 2009 |
Category | General Announcement |
Reference No | CC-090713-57633 |