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SATANG JAYA GETS MINDEF'S APPROVAL TO INCREASE CONTRACT VALUE.
(From Bernama The Malaysian National News Agency)
KUALA LUMPUR, Aug 2 (Bernama) -- Satang Jaya Holdings Bhd announced today that its wholly-owned subsidiary Satang Jaya Sdn Bhd has received approval from the Ministry of Defence (Mindef) to increase the ceiling value of one of its contracts.
Satang Jaya said the ceiling value of the contract with the ministry was increased to RM190 million for the duration up to Sept 30, 2008, representing an increase of RM102 million from the previous ceiling value.
The company added that the contract was for maintenance of aviation safety and survival equipment, aviation ground support safety equipment, aircrew …
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