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Trading in HeiTech Padu shares suspended ahead of 2025 Budget announcement

Kuala Lumpur: Trading in the shares of HeiTech Padu Bhd has been suspended from 9am until 5pm today pending an announcement relating to a material contract.

The company's share price stood at RM4.34 at closing bell on Thursday, with a market capitalisation of RM483.2 million.

A financial weekly, quoting sources, said HeiTech Padu was once again a front runner for the multi-billion National Integrated Immigration System (NIIse) project.

The NIISe project aims to integrate the border control system under various agencies of the Ministry of Home Affairs.

The suspension of shares came a few hours before tabling of the 2025 Budget, which starts at 4PM.

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