Mesiniaga bags contract extension worth RM145.93 million from Telekom Malaysia

Mesiniaga Bhd has accepted an additional contract value for a new IP core and service edge project from Telekom Malaysia worth RM145.93 million.

In a filing to Bursa Malaysia today, Mesiniaga said the supplementary agreement was for the supply, delivery, installation, testing, commissioning, post acceptance maintenance and support services for new IP core and service edge.

"With the awarding of the supplementary agreement, the expiry of the contract is now extended from June 11, 2019 to May 31, 2020," it said.

Mesiniaga added that the contract extension was expected to contribute positively to its earnings over the period of the contract.