KUALA LUMPUR: Heitech Padu Bhd has signed a letter of agreement for the renewal of CA GEN (TSO) and Report Composer System License Mainframe for the Inland Revenue Board.
The contract is worth RM35.2mil and will be for a period of three years commencing from Feb 1 2021 to Jan 31 2024.
The contract is expected to have positive effects on future earnings and earnings per share of HeiTech. However, it will not have any material effect on the dividend policy, share capital and substantial shareholdings of the company for the financial year ending Dec 31,2021.
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