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KPower healthcare unit awarded RM48.6m contract for airbags, Covid-19 test kits by Indonesian firm


16 Feb 2021 / 21:44 H.
Deal will enhance KPower’s role in combatting Covid-19 while growing its healthcare business in one of the most populous countries in the world. – REUTERSPIX
PETALING JAYA: KPower Bhd’s wholly owned subsidiary KPower Healthcare & Technologies Sdn Bhd (KPHealthTech) has accepted a letter of award from Indonesia’s PT Biotech Maju Sejahtera (PT BMS) for the supply of airbags/ breathing bags for GeNose and GeNose Covid-19 test machines for a minimum contract price of US$12.025 million (RM48.64 million).
The contract is effective for 12 months from the acceptance date and will be governed under the laws of Indonesia.
The award is expected to contribute positively to the net assets, consolidated earnings and earnings per share of the company for the financial year ending June 30, 2021 to June 30, 2022. ....

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KPower ventures into RM24mil healthcare deal


Formerly known as Kumpulan Powernet Bhd, the group operates in the sustainable energy and utilities segment and specialises in renewable energy (RE).
PETALING JAYA: KPower Bhd has inked a US$6mil (RM24.05mil) contract to supply polymerase chain reaction (PCR) reagent kits for Covid-19 to PT Arna Cahaya Medika in Jakarta, Indonesia.
Under the deal, the group’s wholly-owned subsidiary KPower Healthcare and Technologies Sdn Bhd will request for the supply of the PCR Kits from the relevant appointed manufacturer, before delivering them to Jakarta.
, the group operates in the sustainable energy and utilities segment and specialises in renewable energy (RE). ....

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