Opcom active, rises 7.45% on bagging Telekom contract


(Aug 1): Opcom Holdings Bhd rose 7.45% in active trade this morning after it bagged an RM11.16 million contract from Telekom Bhd for Unifi service installation and restoration.

At 9.01am, Opcom jumped 7 sen to RM1.01 with 3.77 million shares done.

The group’s subsidiary, Opcom Cables Sdn Bhd, will undertake the work over an 18-month period ending Dec 31, 2019.

The award is expected to contribute positively towards Opcom group’s earnings and net assets for the period of the award.

Source: The Edge

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