Tuesday, January 3, 2012

Tricubes's 70% subsidiary gets RM6m police contract

KUALA LUMPUR (Jan 3): TRICUBES BHD []'s subsidiary has secured a RM6 million contract from the Home Ministry to provide the maintenance services for two mobile management systems used by the police.

It said on Tuesday its 70% owned TricubesNCR JV Sdn Bhd had accepted the letter of award for the maintenance of the hardware and software and server enhanced mobile management system and mobile card acceptance device.

'The award is valued at RM6 million for a period of two years commencing from Jan 1, 2012 to Dec 31, 2013,' it said.

The group incurred loss from operation of RM719,290 and the company incurred a net loss of RM3.13 million respectively for financial year ended March 31, 2011. As of that date, the group's accumulated losses amounted to RM17.24 million.

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