KUALA LUMPUR (Oct 16): Retail technology solution provider Radiant Globaltech Bhd (KL:RGTECH) has bagged a RM25 million contract from a utility company for the implementation of a hardware technical refresh project.

However, it did not named the utility company it received the contract from.

In a bourse filing, Radiant Globaltech said its wholly owned subsidiaries Radiant Global ADC Sdn Bhd and Grand-Flo Spritvest Sdn Bhd have accepted a letter of award for the contract.

The contract deliverables are for three years commencing from Oct 4, 2024.

Radiant Globaltech’s share price closed up one sen or 3.1% to 33.5 sen, bringing the group a market capitalisation of RM176 million.