PETALING JAYA: Cloudpoint Technology Bhd
has accepted a letter of award from a local bank for the implementation of ServiceNow’s Integrated Service Management Automation solutions for RM33.6mil.
In a filing with Bursa Malaysia, the technology solutions provider said the contract covers implementation services, cloud subscription, subscription of software licenses and warranty support.
“The contract will not have any effect on the issued and paid-up share capital and the shareholding of the substantial shareholders of Cloudpoint as it does not involve the issuance of ordinary shares in Cloudpoint.
“The contract is expected to contribute positively to the earnings and net assets of Cloudpoint for the financial year ending Dec 31, 2024 onwards,” the firm said.
