Binasat unit wins contracts worth RM46.3mil

KUALA LUMPUR: Binasat Communications Bhd ’s subsidiary, Binasat Digital Sdn Bhd, secured a contract worth RM46.3mil from Reltency Engineering Services Sdn Bhd. In a filing with Bursa Malaysia, Binasat stated that the contract was for the establishment of a 132/33kV PMU Genting Kelang GIS (2X90MVA) in Kuala Lumpur for Tenaga Nasional Bhd .

The contract would take effect from the date of the letter of acceptance, with a completion time of 540 days from the start date. Binasat expects the contract to contribute positively to its earnings over the duration of the contract..