PETALING JAYA: Information technology company CUSCAPI BHD
has inked a memorandum of understanding (MoU) with PT Cartenz Inti Utama, a MyEG Services Bhd associate company in Indonesia, for the potential supply of 20,000 point-of-sale (POS) units.
According to a Bursa Malaysia filing, the 20,000 POS units are to be delivered over two years, and further details of the deal will be set forth in the definitive agreement between subsidiaries PT Cuscapi Indonesia and PT Zeepos Teknotama Mandiri.
Industry sources reckon that the potential sales contract could range from US$6mil to US$8mil (RM24.45mil to RM32.6mil), at a price of US$300 to US$400 (RM1,222.65 to RM1,630.20) for each POS unit.
“Cuscapi is growing its reach in Indonesia and there could be more of such announcements to come, given the large market size in Indonesia, ” a source said.
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