Censof bags RM10m contract from MoF

Censof bags RM10m contract from MoF
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KUALA LUMPUR (Jan 6): Software solutions provider Censof Holdings Bhd has bagged a RM10.12 million contract from the Ministry of Finance (MoF) to undertake the provision of maintenance and support services for the latter's budget management information system, MYResults.

In a filing with Bursa Malaysia, Censof said the contract carries a tenure of two years, commencing from Jan 1, 2021 to Dec 31, 2022.

Barring any unforeseen circumstances, the board of Censof said the contract will contribute positively to the group's earnings per share and future earnings.

Censof's share price closed half a sen or 1.96% lower at 25 sen today, giving the group a market capitalisation of RM125.44 million. There were 5.72 million shares traded.

The counter's price has almost doubled from when it was trading at 13 sen a year ago.

Tan Choe Choe