CENSOF

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OTHERS CENSOF HOLDINGS BERHAD ("CENSOF" OR "THE COMPANY") - EXTENSION OF CONTRACT AWARDED TO CENTURY SOFTWARE (MALAYSIA) SDN. BHD. ("CSM"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

CENSOF HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
CENSOF HOLDINGS BERHAD ("CENSOF" OR "THE COMPANY") -  EXTENSION OF CONTRACT AWARDED TO CENTURY SOFTWARE (MALAYSIA) SDN. BHD. ("CSM"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 6 January 2021.

 

Reference is made to the announcement dated 6 January 2021 on the acceptance of Letter of Award from Kementerian Kewangan Malaysia ("MOF") for a contract named "Perkhidmatan Pentenggaran dan Khidmat Sokongan Ke Atas Aplikasi MyResults Bagi Tahun 2021 Hingga 2022" ("the Project").

 

The Board of Directors of Censof wishes to announce that CSM had on 7 October 2022 accepted the extension of the Project from MOF for additional period of one (1) year from 5 January 2023 to 4 January 2024 with additional contract value of RM4,417,770.40.

 

The Board is of the view that the Extension is in the best interest of the Company and is expected to contribute positively to the earnings and net assets per share of the Company for the financial year ending 31 March 2023 and 31 March 2024.

 

The Board does not foresee any exceptional risks other than the normal operational risks associated with the Extension. 

 

None of the directors and/or major shareholders and persons connected with a director and/or major shareholder has any interest, direct or indirect in relation to the Extension. 

 

This announcement is dated 7 October 2022. 

 






Announcement Info

Company Name CENSOF HOLDINGS BERHAD
Stock Name CENSOF
Date Announced 07 Oct 2022
Category General Announcement for PLC
Reference Number GA1-05102022-00029