Prestariang gets RM10mil contract extension

  • Corporate News
  • Wednesday, 02 Aug 2017

KUALA LUMPUR: Prestariang Bhd’s unit, Prestariang Systems Sdn Bhd (PSSB) has received an extended letter of award from the Ministry of Higher Education (MOHE) worth RM10 mil to distribute and manage Microsoft software licences for public higher education institutions in Malaysia.

In a filing with Bursa Malaysia, Prestariang said the contract extension was for one year, effective July 3, 2017.

On Aug 23, 2011, PSSB entered into an agreement with MOHE for the contract under the “Managing University Software as an Enterprise” programme.

“The extended contract is expected to contribute positively to the future earnings, net assets per share and gearing of Prestariang Group,” it added. - Bernama

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