Termination of SKIN project effective today


In a statement yesterday, Prestariang said PSSB had signed the Master Licensing Agreement (MLA) 3.0 with the MoF, expanding the scope of its clientele by including public training institutes as Prestariang

KUALA LUMPUR: Prestariang Bhd has clarified that the government’s termination of the national immigration control system (SKIN) project concession is effective today, instead of Jan 19, as earlier announced.

Prestariang announced this in a filing with Bursa Malaysia on Dec 12, 2018, that its wholly-owned unit, Prestariang Skin Sdn Bhd (PSkin), had received a letter from the Ministry of Home Affairs confirming the decision to terminate the SKIN project, effective Jan 19, 2019.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Jiankun expects GDV of its projects to soar to RM2bil under new leadership
Paramount acquires 21.54% stake in Eco World International
CIMB Securities aims for high single-digit market share by year-end
FBM KLCI retraces earlier losses to close flat
Total Dynamic gets bursa's nod to list on LEAP Market
Asian currencies set for weekly fall; stocks firm on US rate cut bets
KL Sentral Station redevelopment project to commence year-end - Loke
Malaysia's March manufacturing sales value grows 1.4% to RM158.4bil
Oil set for weekly gain as demand signs, geopolitics seen as positives
Asia stocks rally on renewed global rate cut optimism

Others Also Read