PETALING JAYA: Mesiniaga Bhd
has secured a RM251.9mil contract from the Finance Ministry. The contract covers maintenance and infrastructure support services for the Integrated Government Financial and Management Accounting System or iGFMAS of the Accountant General’s Department.
In a filing with Bursa Malaysia, Mesiniaga said the contract took effect immediately and is scheduled for completion by April 30, 2030. The contract does not include an automatic renewal clause.
Mesiniaga expects the contract to contribute positively to its earnings and net assets for the financial year ending Dec 31, 2025 onwards until the contract’s expiry.
“The contract will not affect the share capital and substantial shareholders’ shareholdings of the company,” it said.
