KUALA LUMPUR (Dec 23): Building management solution provider Cabnet Holdings Bhd (CHB) has bagged a RM7.8 million subcontract to undertake ICT work at the Kajang Hospital.

In a filing with Bursa Malaysia, Cabnet said its wholly-owned subsidiary Itwin Technology Sdn Bhd was awarded the subcontract by Pembinaan Tuju Sdn Bhd.

The completion date for the subcontract is June 22, 2021.

"The subcontract is expected to contribute positively to the group's earnings and net assets per share for the financial year ending Dec 31, 2021," said Cabnet.

Shares in Cabnet closed unchanged at 23.5 sen, with 508,000 shares changing hands, and a market capitalisation of RM42.01 million.