Mesiniaga bags RM251.9mil government contract
KUALA LUMPUR: Mesiniaga Bhd has secured a RM251.9mil contract from the Ministry of Finance. The contract covers maintenance and infrastructure support services for the Integrated Government Financial and Management Accounting System (iGFMAS) of the Accountant General's Department of Malaysia.
In a filing with Bursa Malaysia, Mesiniaga said the contract took effect immediately and is scheduled for completion by April 30, 2030. The contract does not include an automatic renewal clause.
Mesiniaga expects the contract to contribute positively to its earnings and net assets for the financial year ending Dec 31, 2025, onwards until the contract's expiry.
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