KUALA LUMPUR (Sept 10): Metronic Global Bhd has won an audio visual and information technology system subcontract for Permodalan Nasional Bhd's (PNB) 118-storey Warisan Merdeka skyscraper project.

In an exchange filing today, Metronic said the subcontract was awarded by Samsung C&T Corporation UEM Construction JV Sdn Bhd (formerly known as KL 118 Tower Sdn Bhd) to its wholly-owned subsidiary Metronic Engineering Sdn Bhd (MESB) on Aug 29.

MESB is principally involved in the business of providing system integration specialising in the field of intelligent building management system, integrated security management system and audio visual system, e-project management of mechanical and electrical services and supply of engineering systems.

The group said the contract is expected to contribute positively towards its earnings and net tangible assets for the contract period.

Shares in Metronic Global finished 0.5 sen or 7.7% higher at seven sen today for a market capitalisation of RM79.28 million.