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GRAND-FLO SOLUTION BERHAD (“GRAND-FLO” OR “COMPANY”) CONTRACTS SECURED BY SIMAT MOBILE COMPUTER CO., LTD. (“SIMAT”), A THAILAND-INCORPORATED SUBSIDIARY OF GRAND-FLO

GRAND-FLO SOLUTION BERHAD

Type

Announcement
SubjectGRAND-FLO SOLUTION BERHAD (“GRAND-FLO” OR “COMPANY”)

CONTRACTS SECURED BY SIMAT MOBILE COMPUTER CO., LTD. (“SIMAT”), A THAILAND-INCORPORATED SUBSIDIARY OF GRAND-FLO

Contents :

The Company is pleased to announce that Simat has secured the following contracts with an aggregate sales value of THB70.6 million (equivalent to RM6.72 million; RM1:THB10.5):-

NameProducts Sales valueTenure
Ek Chai Distribution System Company Limited (Owner of Tesco hypermarket/ supermarket/value stores in Thailand)Hardware maintenance and system consultancyTHB28 million (equivalent to RM2.67 million)1 January 2006 to 28 February 2007
Unilever Thai Trading LimitedSales Force Automation (Distribution Management System Module)THB42.6 million (equivalent to RM4.06 million)2 years

These new contracts are expected to contribute positively towards the revenue and earnings of the Group for the financial year ending 31 December 2006.

This announcement is dated 29 March 2006.


Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced29 Mar 2006  
CategoryGeneral Announcement
Reference NoCM-060329-57030



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