PETALING JAYA: Edaran Bhd has secured a contract worth RM89.88mil to maintain the Royal Malaysian Customs Department’s customs operating system and Malaysia Sales and Services Tax) application (2023-2027) for a period of 48 months.
In a filing with Bursa Malaysia, the IT management firm said the Finance Ministry had awarded the contract to its wholly-owned subsidiary, Edaran IT Services Sdn Bhd.
“The commencement date for the contract is Sept 1, 2023. Proceeds from the contract shall contribute towards the earnings of Edaran Group for the financial year ending June 30, 2024 until June 30, 2027.”