Mesiniaga Wins RM148 Million KWAP Contract For New Pension System
In a Bursa filing, Mesiniaga said it signed and accepted the Letter of Award on July 3, 2025. The project is slated for completion by July 2028, with an optional support and maintenance package valued at RM64.5 million extending through July 2033. The contract, however, does not include an automatic renewal clause.
'This project is expected to contribute positively to the group's earnings and net assets from the financial year ending Dec 31, 2025, onwards,' the company stated, adding that the contract is not expected to impact Mesiniaga's share capital or major shareholder structure.
This latest win strengthens Mesiniaga's position as a trusted technology partner in mission-critical government systems, as Malaysia continues its push toward digital public service delivery and modernised infrastructure. Related
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