HeiTech Padu gets RM58.89mil IRB contract

PETALING JAYA: Heitech Padu Bhd has accepted and signed a letter of award from the Inland Revenue Board (IRB) for a “Next Generation Network” service, worth RM58.89mil.

In a filing with Bursa Malaysia, HeiTech Padu said the contract is for a period of three years and six months, commencing from Jan 1, 2024 to June 30, 2027.

“The contract is in the best interest of the company and is expected to contribute positively to the earnings and net assets per share of the company for the financial year ending Dec 31, 2023 and onwards until the completion of the contract,” it said.