PETALING JAYA: Censof Holdings Bhd has bagged a contract from the Penang Development Corp (PDC) for the supply, delivery, installation, testing, commissioning of software for the implementation of an enterprise-wide financial management information system (EFMIS), worth RM14.6mil.
In a filing with Bursa Malaysia, Censof said the project is divided into two phases comprising the development and maintenance of EFMIS.
“The tenure of the development of the EFMIS is for a tenure of one year from Sept 1, 2024 to Aug 31, 2025. Upon completion of the EFMIS development, the maintenance of the EFMIS would take effect for five years from Sept 1, 2026 to Aug 31, 2031 with no option to extend or renew upon the EFMIS maintenance’s expiry.
“The value of the EFMIS development and EFMIS maintenance projects amounts to RM7.34mil and RM7.30mil respectively.”