General Announcement for PLC

19/06/2017

OTHERS Acceptance of a Letter of Award from Universiti Sains Malaysia to Supply, Deliver, Install, Configure, Test and Commission Core Switches, Distribution Switches, DDI Solution and IPV6 Implementation for Pusat Pengetahuan Komunikasi dan Teknologi, Universiti Sains Malaysia, Pulau Pinang (the Contract).

MESINIAGA BERHAD

Type Announcement
Subject OTHERS
Description 
Acceptance of a Letter of Award from Universiti Sains Malaysia to Supply, Deliver, Install, Configure, Test and Commission Core Switches, Distribution Switches, DDI Solution and IPV6 Implementation for Pusat Pengetahuan Komunikasi dan Teknologi, Universiti Sains Malaysia, Pulau Pinang (the Contract).

  1. Introduction

Mesiniaga Berhad is pleased to announce that the Company has on 16/6/2017 accepted a Letter of Award from Universiti Sains Malaysia to Supply, Deliver, Install, Configure, Test and Commission “Core Switches, Distribution Switches, DDI Solution and IPV6 Implementation” for Pusat Pengetahuan Komunikasi dan Teknologi, Universiti Sains Malaysia, Pulau Pinang (the “Contract”).

2. The Contract Value

The total contract value of the project is RM10,215,222.68 (Ringgit Malaysia : Ten Million Two Hundred Fifteen Two Hundred Twenty Two and Sen Sixty Eight) including GST.


3. Duration of the Project

The Contract is for a period of two months commencing on 19/6/2017 followed by a 1 year Maintenance period.

4. The effect on net assets of the Group

The proposed transaction will not have any material effect on the Company’s Net Assets for the financial year ending 31 December 2017 but is expected to contribute positively to the Company’s earnings over the period of the Contract.

5. The risks in relation to the Contract.

The risks relate mainly to meeting deadlines imposed by the customer and meeting the terms of the service level commitments.  The Company has however taken the necessary steps to protect itself in mitigating the risks.

6. Directors' and Substantial Shareholders' Interest

None of the Directors or substantial shareholders or any person connected to the Directors or substantial shareholders of Mesiniaga Berhad have any interest, either direct or indirect in the above Contract.

7. Statement of 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 interests of the Company.


8. Financial effects

In addition to the information disclosed, we would like to inform that the Letter of Award will have a positive effect on the earnings per share. Nevertheless, the Contract will not likely to effect on the dividend policy, gearing, share capital and the substantial shareholders’ shareholdings of the Company for the financial year ending 31st December 2017.

 

This announcement is dated on 19/6/2017.



Announcement Info

Company Name MESINIAGA BERHAD
Stock Name MSNIAGA
Date Announced 19 Jun 2017
Category General Announcement for PLC
Reference Number GA1-19062017-00085


Related Announcements for MSNIAGA
Date Title
10/05/2022 OTHERS AWARD OF CONTRACT FOR THE DESIGN, SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, INTEGRATION, TRAINING, PROFESSIONAL SERVICES AND MAINTENANCE & SUPPORT SERVICES OF TELCO CLOUD CORE DATA CENTER FOR A CONTRACT VALUE OF RM59,625,056.32 (INCLUSIVE OF SALES AND SERVICE TAX (SST)) BY TELEKOM MALAYSIA BERHAD (CONTRACT).
17/11/2021 OTHERS SURAT SETUJU TERIMA BAGI PEROLEHAN MEMBEKAL, MENGHANTAR, MEMASANG, MENGKONFIGURASI, MIGRASI, MENGUJI, MELATIH, MENTAULIAH DAN MENYELENGGARA PERKAKASAN SERTA PERISIAN UNTUK PERSEKITARAN PRODUCTION, STAGING, DEVELOPMENT DAN DISASTER RECOVERY DI PUSAT DATA DAN PUSAT PEMULIHAN BENCANA SECARA KOMPREHENSIF UNTUK PERTUBUHAN KESELAMATAN SOSIAL (PERKESO) BERJUMLAH RM31,164,000.00 TERMASUK CUKAI PERKHIDMATAN (CONTRACT).
04/10/2021 OTHERS AWARD OF CONTRACT FOR THE SUPPLY OF RESIDENTIAL GATEWAY (RGW) AND MESH WI-FI ROUTERS WITH A MINIMUM CONTRACT VALUE OF RM4,056,800.00, AND A MAXIMUM CONTRACT VALUE OF RM114,841,892.00 (INCLUSIVE OF SALES AND SERVICE TAX (SST)) BY MEASAT BROADCAST NETWORK SYSTEMS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ASTRO HOLDINGS BERHAD (CONTRACT).
04/10/2021 OTHERS AWARD OF CONTRACT FOR THE SUPPLY AND COMMISSIONING OF INTERNET SERVICE PROVIDER (ISP) CORE INFRASTRUCTURE FOR A VALUE OF RM49,334,926.52 (INCLUSIVE OF SALES AND SERVICE TAX (SST)) BY MEASAT BROADCAST NETWORK SYSTEMS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ASTRO MALAYSIA HOLDINGS BERHAD (CONTRACT).
15/06/2021 OTHERS Mesiniaga Berhad ("the Company") - Update on Postponement of the Thirty-Ninth Annual General Meeting ("39th AGM")
26/02/2021 OTHERS EXTENSION OF TIME FOR SUBMISSION OF THE UNAUDITED FOURTH QUARTERLY REPORT FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2020 OF MESINIAGA BERHAD ("THE COMPANY")
25/11/2020 OTHERS SURAT SETUJU TERIMA DARIPADA PERTUBUHAN KESELAMATAN SOSIAL UNTUK MEMBEKAL, MENGHANTAR, MEMASANG, MENGKONFIGURASI, MENGUJI, MELATIH, MENTAULIAH DAN MENYELENGGARA PERKAKASAN RANGKAIAN SETEMPAT DAN NETWORK ACCESS CONTROL UNTUK PERTUBUHAN KESELAMATAN SOSIAL (PERKESO) BERJUMLAH RM19,111,980.00 TERMASUK CUKAI PERKHIDMATAN.
24/11/2020 OTHERS AGREEMENT FOR SUPPLY, DELIVERY, INSTALLATION AND COMMISSIONING RELATING TO HARDWARE, SOFTWARE AND SERVICES FOR IT AND ENGINEERING NETWORK MODERNIZATION PROJECT [CONTRACT NO. 20/MB/0100/P55/PL] AMOUNTING TO RM22 Million INCLUSIVE OF SALES AND SERVICE TAX.
23/11/2020 OTHERS AGREEMENT FOR SUPPLY, DELIVERY, INSTALLATION AND COMMISSIONING RELATING TO HARDWARE, SOFTWARE AND SERVICES FOR IT AND ENGINEERING NETWORK MODERNIZATION PROJECT [CONTRACT NO. 20/MB/0100/P55/PL] AMOUNTING TO RM22 Million INCLUSIVE OF SALES AND SERVICE TAX.
12/11/2020 OTHERS SURAT SETUJU TERIMA PERKHIDMATAN PENYELENGGARAAN PERALATAN, PERISIAN DAN MEJA BANTUAN (HELPDESK) ICT CAWANGAN JABATAN IMIGRESEN MALAYSIA (JIM) SECARA KOMPREHENSIF [NO. KONTRAK : KDN/PL/IT/JIM/5/2020] No. Tender : QT200000000026574 BERJUMLAH RM15,193,770.33 TERMASUK CUKAI JUALAN DAN CUKAI PERKHIDMATAN