Wednesday 01 May 2024
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KUALA LUMPUR (Jan 24): Dataprep Holdings Bhd has announced that its Indonesia subsidiary has been selected as the winner and lead consortium member to construct and maintain passive telecommunication infrastructure in Bandung, Indonesia.

In a bourse filing, Dataprep said the passive telecommunication infrastructure development will include construction and maintenance of underground telecommunication infrastructure including the ducting, manhole and handhole for installation of fibre optics and construction of telecommunication microcell pole.

The consortium, led by Dataprep unit PT Dataprep Teknologi Indonesia Tbk, includes two other consortium members namely PT Bintang Trans Khatulistiwa Tbk and PT Raka Mitra Bersama Tbk.

The project is based on the public-private partnership initiative on the build-operate-transfer model, it said.

The selection was made by PT Bandung Infra Investama (Perseroda) Tbk. Dataprep said further project details will be announced upon consent and the signing of the cooperation agreement with Perseroda in due time.

Dataprerp shares price closed half a sen or 3.57% lower at 13.5 sen, giving the group a market capitalisation of RM100 million.

Edited ByAdam Aziz
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