KUALA LUMPUR: Heitech Padu Bhd has bagged a RM133.73 million contract from the Road Transport Department (JPJ) to build, supply, deliver, install, configure, integrate, test and commission its hardware, software and digital systems.
In a filing to Bursa Malaysia today, HeiTech Padu said the contract's duration will be 36 months from Oct 1, 2024 to Sept 30, 2027.
The contract is expected to contribute to its earnings and net assets per share from the financial year ending Dec 31, 2024 until the completion.
Heitech Padu said the risks in relation to the contract are normal risks encountered by companies undertaking a similar endeavour.
It has taken the necessary steps to protect itself and to mitigate the risks as and when they occur.