
KUALA LUMPUR (Sept 24): Infomina Bhd (KL:INFOM) said on Thursday that it accepted a RM63 million contract to provide technology refresh supply and maintenance to a financial institution.
According to a bourse filing on Thursday, the contract entails the supply, delivery, installation, configuration, integration, testing, commissioning, implementation, support, maintenance and other works and services applicable to the hardware, equipment, software and other items.
Infomina did not disclose the name of the financial institution as “the customer did not provide consent for their name to be disclosed due to commercial reasons”.
The technology solutions provider said that the project will run for 69 months from Oct 1.
Any renewal or extension of the contract will be at the discretion of the financial institution.
Infomina expects the contract to contribute positively to its earnings over the period.
Infomina shares ended two sen, or 1.27%, higher at RM1.60 on Thursday, giving the group a market capitalisation of RM962 million.