KUALA LUMPUR (Dec 15): Mesiniaga Bhd has been awarded a RM43.62 million contract by the Companies Commission of Malaysia (SSM) for the development of the corporate registry system (CRS).
The information technology service management company said the contract includes the development, supply, implementation, training, support, warranty and maintenance of the CRS, and that this will contribute positively to its earnings and net assets from the financial year ending Dec 31, 2023.
There is no automatic renewal clause in the contract, it added.
Mesiniaga was last traded at RM1.27 a share, and had a market value of RM76.11 million.
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