Sunday 17 Nov 2024
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KUALA LUMPUR (Jan 24): Opcom Holdings Bhd’s subsidiary Opcom Cables Sdn Bhd has secured an award worth RM26.51 million from Telekom Malaysia Bhd  (TM) to supply fibre optic cables for the telco from Dec 23, 2021 until Dec 31, 2023.

According to Opcom’s filing with Bursa Malaysia, the award is expected to contribute positively towards its earnings and net assets for the period of the contract. 

Shares of Opcom ended one sen or 1.08% higher at 93.5 sen with a market capitalisation of RM251.64 million. It saw 17.26 million shares changing hands. 
 

Edited ByLam Jian Wyn
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