
KUALA LUMPUR (March 26): ICT Zone Asia Bhd (KL:ICTZONE) has clinched a purchase order worth RM24.53 million to supply laptops and related peripheral devices to an undisclosed client.
In a filing with Bursa Malaysia, the company said it is unable to reveal the identity of the customer due to confidentiality provisions in the purchase order and the absence of consent for disclosure.
ICT Zone added that the order will be fulfilled upon delivery, with the schedule to be determined and agreed upon by both parties.
It plans to finance the procurement of the hardware through a mix of bank borrowings and internally generated funds.
As at Jan 31, the group’s unbilled order book stood at RM293 million.
By Thursday’s midday break, ICT Zone’s shares were unchanged at 19 sen, giving the company a market capitalisation of RM151.14 million. The counter has slipped 5% over the past year.