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OTHERS: Letter of Award for the Supply and Delivery of Single Mode Optical Fiber Cables and Other Cables to Telekom Malaysia Berhad
Tuesday, 09 October 2012 00:15

OTHERS Letter of Award for the Supply and Delivery of Single Mode Optical Fiber Cables and Other Cables to Telekom Malaysia Berhad

 

OPCOM HOLDINGS BERHAD
09/10/2012 07:19:52 PM

Type Announcement
Subject OTHERS
Description Letter of Award for the Supply and Delivery of Single Mode Optical Fiber Cables and Other Cables to Telekom Malaysia Berhad

 

The Board of Directors of Opcom Holdings Berhad ("Opcom") wishes to announce that its subsidiary, Opcom Cables Sdn Bhd has negotiated and accepted a RM92.5 million Letter of Award from Telekom Malaysia Berhad ("Telekom") on 9 October 2012 for the supply and delivery of single mode optical fiber cables and other cables to Telekom for a period of three (3) years commencing from 28 September 2012 to 27 September 2015 ("Award").

Financial Effects

The Award is expected to contribute positively towards Opcom Group's earnings and net assets for the period of the Award.

Risks

The risk factors which may affect the Award include but not limited to ordinary business risks, competition risks, operations risks, economic risks and regulatory risks.

Directors' and Substantial Shareholders' Interest

None of the directors and substantial shareholders of Opcom and/or its subsidiaries or any persons connected to them has any interest, direct or indirect, in the Award.

This announcement is dated 9 October 2012.



Announcement Info

Company Name OPCOM HOLDINGS BERHAD (ACE Market) 
Stock Name OPCOM    
Date Announced 9 Oct 2012
Category General Announcement
Reference No OH-121003-69646