Asia
Cosmos Technology International Arm Clinches Order Worth MYR4.8 Million
Cosmos Instruments, a wholly-owned subsidiary of Cosmos Technology International Berhad (KLSE:COSMOS), has secured a contract worth 4.77 million Malaysian ringgit from Pengurusan Air Selangor, according to a Tuesday filing to Bursa Malaysia.The company's shares were down nearly 2% in Wednesday's trade.The contract is for the replacement of mechanical water meters with electromagnetic meters to be completed in 15 months ending October 2027.The order is expected to contribute positively towards the group's future earnings and net assets for the financial year ending April 30, 2027, and throughout the duration of the contract.
KLSE:COSMOS
