Australia's Austco Healthcare advances on contract in Singapore
05/07/2021 05:29
** Shares of Austco Healthcare AHC.AX surge as much as
8.3% to A$0.130, their highest since June 10
** The healthcare related tech solutions co says its unit
Austco Marketing & Service (Asia) Pte Ltd won A$3.3 mln($2.48
mln) contract to supply co's Tacera Nurse Call platform
urn:newsml:reuters.com:*:nASX4w62M5
** Says contract with Singapore-based Khoo Teck Puat
Hospital (KTPH)
** Co says deployment will commence in Q1 of FY22 and is
contracted to be completed by December 2022
** Stock posts its biggest intraday pct gain since June 15
** Stock has risen 21.2% this year, as of last close
($1 = 1.3310 Australian dollars)
(Reporting by Vasudha Kaukuntla in Bengaluru)
((Vasudha.Kaukuntla@thomsonreuters.com))