Heitech Padu Has Mainframe Service Contract Extended With JPJ For RM27 Million

Heitech Padu has confirmed that it has received an extension of contract on the Letter of Award it received for the and Extension of Contract for the Service and Maintenance and Technical Support for JPJ’s Mainframe System Hardware and Software.

The Contract value is RM27 million and for a period of twelve months commencing from 1st May 2023 to 30th April 2024. While any further renewal or extension of the duration is at the discretion from the Government.

The company said the contract extension is in the best interest of the Company and is expected to contribute positively to the earnings and net assets per share of the Company for the financial year ending 31st December 2023 and 31st December 2024.

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