Microlink gets invite from Bank Rakyat to boost software

-A +A

KUALA LUMPUR (July 18): Microlink Solutions Bhd has received a letter of intent from Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) on its decision to enhance the existing core banking system created by Microlink.

Bank Rakyat also invited Microlink for a detailed discussion to finalise its software project cost, scope of work and timeline, the information technology solutions provider told Bursa Malaysia in a filing today.

"Teams from both organisations are currently engaged in detailing the enhancements to the platform, designed to equip Bank Rakyat and its customers with the tools required for banking of the future," it added.

Microlink shares rose one sen or 0.61% to close at RM1.66 for a market capitalisation of RM279.5 million.