Edaran Bhd gets RM357mil contract from MoF


PETALING JAYA: Edaran Bhd has received a contract worth RM356.56mil from the Finance Ministry to set up a Customs information system mainframe hardware and software rental services for the Royal Malaysian Customs Department.

In a filing with Bursa Malaysia, Edaran said the contract is for a period of 48 months and commenced on Jan 1, 2024.

“Proceeds from the contract shall contribute towards the earnings of Edaran Group for the financial year ending June 30, 2024 until June 30, 2028.”

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Edaran , MoF

   

Next In Business News

Hup Seng shares rise after strong 3Q24 results, target price raised
Singapore bank DBS posts record quarterly profit, sees 2025 dip from tax changes
FBM KLCI opens higher, then slides on profit-taking
Ringgit opens higher despite stronger US dollar on Trump’s return to presidency
Trading ideas: Haily, Hup Seng, Binasat, LCT, Xin Synergy Group, SCIB, Deleum
‘Trump trade’ surges as Donald claims victory
AMMB bond deals lodged with the SC
Asian currencies tumble on projected Trump win
XSGB buys developer for RM18mil
Wider net loss for Lotte Chemical Titan

Others Also Read