3 days ago
Theta Edge bags RM4.4mil mobile x-ray contract from NCSM
PETALING JAYA: Theta Edge Bhd has accepted a letter of award from the National Cancer Society Malaysia (NCSM) for the provision of mobile X-ray equipment worth RM4.38mil.
In a filing with Bursa Malaysia, the software company said the X-ray equipment comes with cloud-based connectivity and built-in artificial intelligence for diagnostics and related services based on a usage-based model.
'The contract scope includes procurement, supply, installation, and maintenance of mobile X-ray equipment at NCSM facilities.
'The contract shall be for a period of five years commencing from June 20, 2025.'
The company added that the contract is expected to contribute positively to the net assets and earnings per share of Theta and its group of companies for the financial year ending Dec 31, 2025 and onwards until the termination of the contract.
'The company does not foresee any exceptional risk other than the normal operational risks associated with the Contract during the contract period. Nevertheless, the company will take the necessary steps to mitigate the risks as and when they occur.'
