PETALING JAYA: Iris Corp Bhd is in talks with banks to raise funds for its RM1.16bil project to upgrade the country’s immigration system known as the National Integrated Immigration System (NIISe).
Last month, the group, which is engaged in technology consulting and the implementation of trusted identification and payment, announced that it has received a letter of award (LoA) from the Ministry of Home Affairs to develop and deliver the immigration system for a duration of 54 months from March 1,2021, until Aug 31,2025.