KUALA LUMPUR: Heitech Padu Bhd has secured a RM28.26mil contract extension from the Immigration Department to maintain the MyIMMS application system.
In a filing with Bursa Malaysia, HeiTech Padu said the contract extension is for a period of 24 months commencing from Feb 18, 2025 to Feb 17, 2027.
It said any further renewal or extension of the duration is at the discretion of the Government.
HeiTech Padu expects the contract to positively contribute to its earnings and net assets per share for the financial year ending Dec 31, 2025, and onwards until the contract is completed.