Friday, July 30, 2010

KUB subsidiary gets RM13.87 million phone contract

KUALA LUMPUR: KUB MALAYSIA BHD [] announced that its 70%-owned joint-venture subsidiary, KUB-Fujitsu Telecommunications (M) Sdn Bhd has accepted a RM13.87 million telephone equipment contract from Telekom Malaysia Bhd.

In a filing to Bursa Malaysia on Friday, July 30, KUB said the contract involved the supply and delivery of DECT cordless telephone''involving a''three-year period.

It said the contract would contribute positively to the group's earnings and earnings per share for the financial year ending Dec 31, 2010.

"There are minimal risks as the contract is based on current and immediate requirement of Telekom for the supply and delivery of telephone equipment," noted KUB.


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