OTHERS Supplementary Agreement No. 9 to the Contract for the Manufacture, Supply and Delivery of Optical Fiber Cables for Telekom Malaysia Berhad
| OPCOM HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | Supplementary Agreement No. 9 to the Contract for the Manufacture, Supply and Delivery of Optical Fiber Cables for Telekom Malaysia Berhad |
|
The Board of Directors of Opcom Holdings Berhad ("Opcom") wishes to announce that its subsidiary, Opcom Cables Sdn. Bhd. has negotiated and accepted a RM21,372,321.00 Supplementary Agreement No. 9 from Telekom Malaysia Berhad ("Telekom") on 23rd July 2020 for the Manufacture, Supply and Delivery of Optical Fiber Cables for Telekom, commencing from 1st August 2020 to 20th May 2022 ("Award"). Financial Effect The Award is expected to contribute positively towards Opcom Group's earnings and net assets for the period of the Award. Risks The risk factors which may affect the Award may include but is not limited to ordinary business risks, competition risks, operations risks, economic risks and regulatory risks. Directors' and Substantial Shareholders' Interest None of the Directors and substantial shareholders of Opcom and/or subsidiaries or any persons connected to them has any interest, direct or indirect, in the Award. This announcement is dated 23rd July 2020 |
|
Announcement Info
| Company Name | OPCOM HOLDINGS BERHAD |
| Stock Name | OPCOM |
| Date Announced | 23 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21072020-00067 |