Omesti unit bags hardware, software orders worth RM35.7m

TheEdge Tue, Feb 11, 2020 09:54am - 4 years View Original


KUALA LUMPUR: Omesti Bhd said yesterday its indirect subsidiary has secured orders worth RM35.7 million for the provision of hardware and software operated by the Inland Revenue Board (LHDN).

The order involves the supply, delivery, installation, and maintenance of hardware and software for the Hasil Integrated Tax System operated by LHDN, Omesti said in a statement.

The orders were received by Applied Business Systems Sdn Bhd (ABS) from Strateq Sdn Bhd. According to Omesti’s annual report, ABS is indirectly wholly-owned by Microlink Solutions Bhd, which in turn is a 61.53%-owned subsidiary of Omesti.

The contract, said Omesti, is scheduled to run from end-February 2020 for a three-year period.

“ABS, an approved distributor of Oracle systems in Malaysia, will provide the Oracle Exadata Database Machine to Strateq for deployment on this landmark project for LHDN,” it said.

Mah Chon Cheang, chief executive officer (distribution) of Microlink Group, said the project is a great example of how Microlink can bring the best combination of skills and systems from its portfolio to enable its partners and clients to deliver the right solutions to their own end users.

“As LHDN embarks on its digital transformation programme, the Oracle Exadata Database system will facilitate improved delivery and reliability of services and systems,” said Mah in the statement.

Shares in Omesti settled unchanged two sen or 3.81% higher at 54.5 sen yesterday, with a market capitalisation of RM260.82 million.

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