Cabnet secures RM12.21 million contract
20 Jul 2018 / 17:39 H.
PETALING JAYA: Cabnet Holdings Bhd has been appointed by Country Garden Pacificview Sdn Bhd as the contractor for extra low voltage works for a serviced apartment development in Forest City, Johor.
The company told the stock exchange that the contract already commenced on May 15, 2018 and is scheduled to be completed on April 3, 2019.
The job expected to contribute positively to its earnings and net assets per share from financial years ending December 31, 2018 to 2019.
The stock closed unchanged at 34 sen with 66,800 shares done.