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Divfex secures RM18.8mil deal

The Star·11/10/2025 23:00:00
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PETALING JAYA: Divfex Bhd’s wholly-owned subsidiary Diversified Gateway Bhd (DGB) has accepted a RM18.74mil contract from Fiberail Sdn Bhd for supplying customer network equipment and its management system.

In a filing with Bursa Malaysia, Divfex said the contract is for a period of 14 years from 2025 to 2040.

The letter of award is expected to contribute positively to the revenue, earnings per share and net assets per share of Divfex for the financial year ending June 30, 2026.

Divfex said the contract is part of DGB’s ordinary course of business and its managed network business offerings.

“DFX does not anticipate any exceptional risks arising from this engagement, aside from the typical operational and financial risks that are associated during the installation, commissioning and user acceptance phases.