BUSINESS

AWANTEC SEALS RM294 MLN DEAL AS REDTONE’S TECH PARTNER

13/02/2024 10:42 AM

KUALA LUMPUR, Feb 13 (Bernama) -- Awanbiru Technology Bhd (Awantec) announced that its wholly owned subsidiary Awantec Systems Sdn Bhd (ASSB) had entered into a service agreement with Redtone Engineering & Network Services Sdn Bhd (Redtone) worth RM294.27 million. 

In a filing with Bursa Malaysia, the company said pursuant to the agreement, ASSB is responsible to provide Cloud computing solutions and services which include products such as Google Workspace Enterprise and Google Cloud Platform for the government’s unified communication and collaboration project, managed by Redtone known as, MyGovUC3.0.

The contract period is for a period commencing from Feb 14, 2024 until Nov 30, 2028 unless earlier terminated in accordance with the provisions of the agreement.

“The board of directors of Awantec, after having considered all aspects is of the opinion that the agreement is in the best interest of the Awantec Group,” it said. 

-- BERNAMA


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