Censof gets RM9.47mil JPJ contract

KUALA LUMPUR: Censof Holdings Bhd has received a letter of acceptance from the Road Transport Department Malaysia worth RM9.47mil for the maintenance, verification and calibration services for 48 weighing instruments at the latter’s enforcement stations.

In a filing with Bursa Malaysia, Censof said the tenure of the project is for a period of 36 months from Jan 1, 2024 to Dec 31, 2026, with no option to extend and/ or renew upon its expiry.

“The board of directors is of the view that the project is in the best interest of the company and its subsidiaries is expected to contribute positively to the earnings and net assets per share of the group for the financial years ending March 31, 2024 onwards.”