Hong Seng unit wins RM34.25mil contract to supply Covid-19 test kits

TheStar Wed, Feb 03, 2021 07:48pm - 3 years View Original


KUALA LUMPUR: Hong Seng Consolidated Bhd said a 51% owned subsidiary, Pantasniaga Sdn Bhd, has secured a RM34.25mil contract to supply Covid-19 test kits the Institute of Medical Research.

The contract is for one year, starting from Feb 3.

"The Board is of the opinion that the Contract is in the ordinary course of business and is in the best interest of the Company," Hong Seng said in a filing with Bursa Malaysia today.

The company, last month, completed the acquisition of a 60% stake in Neogenix Laboratoire Sdn Bhd (NLSB) for RM6.5mil.

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