Friday, September 9, 2011

Tricubes active, up in early trade

KUALA LUMPUR: TRICUBES BHD [] shares were active and up in early trade on Friday, Sept 9 on positive investor sentiment after its 70% owned subsidiary secured contract worth RM4.4 million from the Ministry of Home Affairs in relation to the Mobile Card Acceptance Device (MCAD) supplied to the Royal Malaysian Police (PDRM).

At 9.25am, Tricubes rose 2.5 sen to 16 sen with 4.07 million shares traded.

The MCAD enables the the police force to read all MyKads.

Tricubes said on Thursday, Sept 8 that TricubesNCR JV Sdn Bhd had accepted the letter of award on Sept 6, and that the contract was for a period of one year.


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