TECHSTORE

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OTHERS TECHSTORE BERHAD ("TECHSTORE" OR "THE COMPANY") ACCEPTANCE OF LETTER OF AWARD BY TECH-STORE MALAYSIA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FROM PRASARANA MALAYSIA BERHAD

TECHSTORE BERHAD

Type Announcement
Subject OTHERS
Description
TECHSTORE BERHAD ("TECHSTORE" OR "THE COMPANY")
ACCEPTANCE OF LETTER OF AWARD BY TECH-STORE MALAYSIA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FROM PRASARANA MALAYSIA BERHAD

Introduction

 

The Board of Directors of TechStore is pleased to announce that Tech-Store Malaysia Sdn. Bhd. (“TSM”), a wholly-owned subsidiary of the Company had on 9 December 2025 accepted the Letter of Award (“LOA”) from PRASARANA MALAYSIA BERHAD (“PRASARANA”) for the provision of Digital Radio and On-board Live Detection System under the contract titled “Design, Supply, Deliver, Install, Integration, Testing and Commissioning of Digital Radio and On-Board Live Detection Systems for Kelana Jaya Line (KJL) (Option 2 – New Digital Radio with New On-Board Communication System (OCS)”, at a total consideration of Ringgit Malaysia Eighty-Nine Million Six Hundred Seventy-Nine Thousand Eight Hundred and Sixty-One (RM 89,679,861.00) only (“Contract sum”). The contract period would be thirty (30) months (completion date) from the date stipulated in the Notice to Proceed to be issued by the PRASARANA to TSM (“Commencement Date”).

 

TSM is principally engaged in the business of the distribution and provision of professional project contracting services relating to software and hardware for security and Information and Communication Technology ("ICT") products.

 

Risk Factors

 

There are no foreseeable significant risks other than operational risk associated with the LOA during the contract period.

 

Financial Effects

 

Barring any unforeseen circumstances, the LOA is expected to contribute positively towards the future earnings of TechStore and its subsidiaries ("TechStore Group") for the duration of the LOA and will not have any effect on the share capital and substantial shareholders’ shareholdings of TechStore Group.

 

Interest of Directors, Major Shareholders and/or Person Connected

 

None of the Directors and/or major shareholders and/or any person connected to them has any interest, either direct or indirect, in the LOA.

 

Directors’ Statement

 

The Board of Directors, after due consideration, is of the opinion that the LOA is in the best interest of the TechStore Group. The LOA is being entered into in the ordinary course of business and is not subject to the shareholders’ approval.

 

This announcement is dated 9 December 2025.




Please refer attachment below.

Attachments

TechStore - Press Release.pdf
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Announcement Info

Company Name TECHSTORE BERHAD
Stock Name TECHSTORE
Date Announced 09 Dec 2025
Category General Announcement for PLC
Reference Number GA1-05122025-00016