Securemetric bags RM14.38mil subscription contract

KUALA LUMPUR: Securemetric Bhd's subsidiary Securemetric Technology Inc has been awarded a contract valued at PHP186.99mil (RM14.38mil) to provide subscription and support and maintenance services for public key infrastructure, hardware security module (“HSM”), SigningCloud and electronic Know Your Customer (eKYC).

In a filing with Bursa Malaysia, the group said the contract will run for a period of one year from January 2025 to January 2026.

The contract is expected to contribute positively to the earnings per share and net assets per share of Securemetric for the financial year ending 2025 onwards.