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Published: Friday June 22, 2012 MYT 12:10:00 PM
Updated: Friday June 22, 2012 MYT 12:48:32 PM
Grand-Flo to provide RM50m in products, services to HeiTech Padu
By Liz Lee
PETALING JAYA: Tracking solutions provider Grand-Flo Solution Bhd expects to supply more than RM50mil worth of products and services to HeiTech Padu Bhd for one year.
Grand-Flo, which is an associate company of HeiTech Padu, also wants leverage on the latter capability to secure more government projects. Hei-Tech Padu owns 20% of Grand-Flo.
Grand-Flo group managing director Derrick Tan said on Friday the group expected to get more orders from HeiTech Padu, particularly through its Road Transport Department's projects.
"We are expecting to secure up to RM6mil worth or projects or more in the near future from JPJ (RTD). The first RM2mil worth of project should be coming through within a month," he said after Grand-Flo's shareholders meeting.
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