Prestariang will not contest cancellation of SKIN project

Under a memorandum of agreement (MOA) signed yesterday, Prestariang has appointed INCS, a subsidiary of Imprimerie Nationale SA, to perform the works and services required for the implementation of the

PETALING JAYA: Prestariang Bhd, whose multi-billion-ringgit border control contract was cancelled by the Pakatan Harapan administration, has confirmed that it does not plan to contest the government’s unilateral move.

The information technology firm told Bursa Malaysia that its subsidiary, Prestariang SKIN Sdn Bhd (PSkin), is currently in discussions with the government on its compensation amount. PSkin, the implementer of the now-revoked RM3.5bil Sistem Kawalan Imigresen Nasional (SKIN) contract, is 70% controlled by Prestariang.