UEM Edgenta bags RM500mil Singapore contract - Business News - News Summed Up

UEM Edgenta bags RM500mil Singapore contract - Business News


PETALING JAYA: UEM Edgenta Bhd has won a contract worth around half a billion ringgit from the Health Ministry of Singapore. In a filing with Bursa Malaysia, UEM Edgenta said the contract was for the provision of hospital support services, including house-keeping and portering services, for the ministry’s restructured hospitals. It said the contract is estimated to be worth between RM429.96mil and RM540.1mil, with the final value subject to the actual manpower resources deployed. “The contracts are expected to contribute positively to the future earnings and net assets per share of the UEM Edgenta group. Shares in UEM Edgenta closed one sen higher to RM2.85 yesterday.


Source: The Star July 04, 2019 23:37 UTC



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