A seasoned SME company in the IT & Communications sector, secured three contracts from Government-Link projects valued at more than RM4 million for over two years. The work involves installing, commissioning, and testing the advanced metering infrastructure communications network and Wi-Fi connectivity at public universities. Despite their strong profile and technical capability, the projects required substantial upfront payments to manpowers and suppliers in order to commence work – placing pressure on the company’s working capital.
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