
KUALA LUMPUR (Nov 20): Cosmos Technology International Bhd (KL:COSMOS) has secured a contract worth up to RM22.3 million from Ranhill SAJ Sdn Bhd to supply and deliver water asset equipment and spare parts to its facilities across Johor.
In a filing with Bursa Malaysia, the integrated water technology solutions provider said its wholly-owned unit, Cosmos Instruments Sdn Bhd, will take on the job from the sole clean water supply operator in Johor. Ranhill SAJ is a subsidiary of Ranhill Utilities Bhd (KL:RANHILL).
Cosmos Technology said the two-year contract runs from Dec 1, 2025 to Nov 30, 2027.
The actual quantities to be supplied will be based on purchase orders issued throughout the contract period, according to the bourse filing.
The group said the contract is expected to contribute positively to its earnings and net assets from the financial year ending April 30, 2026.
Shares of Cosmos Technology, which debuted on the ACE Market in Oct 2022, closed unchanged at 34.5 sen on Thursday, valuing the company at RM88.49 million.