HeiTech Padu bags RM892mil NIIse contract

PETALING JAYA: Heitech Padu Bhd has secured a contract worth RM892.20mil for the Malaysian Immigration Department’s National Integrated Immigration System (NIIse).

In a filing with Bursa Malaysia, HeiTech Padu said the nature of the contract is to study, propose, design, develop, supply, deliver, install, test, integrate, migrate and synchronise data commissioning, as well as implement change management and training for the NIISe.

The contract is for a period of 60 months commencing from Oct 18, 2024 to Oct 17, 2029.

“Barring any unforeseen circumstances, the contract is expected to contribute positively to the earnings and net assets per share of the company for the financial year ending Dec 31, 2024 and onwards until the completion of the contract,” it said.