KUALA LUMPUR: HeiTech Padu Bhd in a statement today said its ability to consistently deliver is a key reason for its success in securing high-profile government contracts based on merit across different government administrations.
The company has been in the news recently following the entry of Datuk Farhash Wafa Salvador Rizal Mubarak as a substantial shareholder, and the award of a RM190 million MySikap job to the company from the Road Transport Department shortly after.
The Minister of Transport Anthony Loke has since explained the awardFarhash ceased to be a shareholder of HeiTech.
"Our recent success demonstrates HeiTech's commitment to providing value-added solutions and services to our customers, targeting stronger earning growths," HeiTech group managing director and group chief executive officer Salmi Nadia Mohd Hilmey said in a statement today.
"For the past 30 years, HeiTech's strong credentials and track record in developing and managing technological solutions and mission-critical projects for customers in the public and private sector, has seen us grow from strength to strength. HeiTech is always focused on delivering value to our customers. Our track record over the years speaks for itself," .
"We believe our ability to consistently deliver is a key reason for HeiTech's success in securing high-profile government contracts based on merit across different government administrations," she added.
HeiTech returned to the black with a net profit of RM7.2 million for the financial year ended Dec 31, 2023 (FY23) from RM10 million losses recorded in 2022.
Meanwhile, Salmi said HeiTech has evolved from being a system integrator and managed infrastructure provider to a provider of digital and emerging products.
She said the company has expanded its offerings and market areas via creation of in-house products and offerings that fit transactional-base and mass market.
"This includes smart parking systems, e-know your customers (e-KYC), payment gateways as well as smart applications for local councils, cooperatives, school management solutions and teaching portals.
"HeiTech has also expanded our customer base beyond Malaysia which includes regional presence through strategic acquisitions and the establishment of new companies," she added.
In 2020, the group launched a financial system for cooperatives, a school administration system, and a mobile app for teachers and students in Indonesia via its investee company PT DesaTech Nusantara as part of HeiTech's regional expansion initiative.
Moving forward, HeiTech plans to become a full digital technology service provider leveraging on emerging technologies, broaden its operational capabilities, expand customer base, diversify its business, and propel HeiTech into a better financial position in the future.