Ntegrator: Secured 7 new contracts worth approximately $7.5m. The contracts were for SingTel, Huawei, the Vietnamese state-owned Viettel grp and the Myanmar Govt. The contracts are slated for progressive completion over the nxt 6 months and are expected to contribute positively in FY2012. Co is a regional communications network specialist and systems integrator.
In a separately news, substantial sh/h EDB has pared down its stake from 6.81% to 5.9% (3.6m shares)
Most recent results were a turnaround from a 2010 loss of $7.0m (FY11 224k net profit). Co had FY11 $37.0m with outstanding orderbook of $26.8m as of Dec-end 2011.
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