KUALA LUMPUR: Shares in Omesti Bhd
rose over 3% in early trade after securing a network equipment maintenance contract from Federal Court.
The counter added 3.13%, or 1.5 sen to 49.5 sen. It is trading at a PE ratio of 11.73 times.
Omesti’s unit has secured a two-year contract to provide network equipment maintenance services for the Federal Court’s eCourts Phase 2 project.
The contract, which was awarded by the Federal Court Chief Registrar’s Office to the group’s indirect 51%-owned subsidiary Formis Network Services Sdn Bhd, is worth RM19.88mil.
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