Go Hub Capital secures RM65 million ticketing services contract
The five-year assignment from KTMB unit Tenang Capital Bhd covers maintenance and support for the railway operator's Integrated Ticketing System.
Go Hub Capital Bhd said its wholly owned subsidiary, NSS IT Solution Sdn Bhd, secured a RM65 million service contract from Tenang Capital Bhd, a unit of Keretapi Tanah Melayu (KTMB). The information technology solutions provider disclosed the five-year award in a bourse filing.
NSS IT Solution was awarded a letter of acceptance on Sept 30. Its work involves maintaining KTMB's Integrated Ticketing System and providing support services.
The service term starts on Oct 1 and continues until Sept 30, 2031, subject to provisions allowing earlier termination under the contract.
Go Hub ended trading at RM1.20, up two sen or 1.69%, with a market capitalisation of RM528 million. Its ACE Market listing took place in July 2024.
