HeiTech Padu shares continue to rise on new contract
31 Oct 2017 / 11:31 H.
PETALING JAYA: HeiTech Padu Bhd's share price continued to rise by 1.10% this morning, after it bagged a RM42.34 million job from the Immigration Department of Malaysia for the maintenance of the controversial Malaysia Immigration System (MyIMMS).
At 10.51am, its share price stood at 91.5 sen with 929,400 shares changing hands. It has a market capitalisation of RM92.62 million.
The MyIMMS is the Immigration Department's information technology system which was developed to handle application and payment of visas and passes.
The contract is for a period of three years from Aug 18, 2017 to Aug 17, 2020.