KUALA LUMPUR (June 15): Security-based ICT solutions provider Datasonic Group Bhd on Wednesday (June 15) announced it had secured a RM9.66 million contract from Pertubuhan Keselamatan Sosial (Perkeso) to provide services for the development of a data analytics hub for the Employment Insurance System (EIS).
In a bourse filing, Datasonic said its wholly-owned subsidiary Datasonic Technologies Sdn Bhd (DTSB) had received and accepted a letter of award (LoA) dated June 10 from Perkeso.
Under the terms of the LoA, DTSB is required to furnish a performance bond for the amount of RM96,590 to Perkeso, with the validity period commencing from July 1, 2022 to June 30, 2028.
The Perkeso contract is for a period of five years commencing from July 1, 2022 to June 30, 2027.
Datasonic added the contract is expected to contribute positively towards the future earnings and net assets per share of the group for the financial year ending March 31, 2023 and the financial years thereafter for the duration of the contract.
Datasonic’s share price ended 3.85% or two sen lower to 50 sen, which translates to a market capitalisation of RM1.48 billion.
Source: TheEdge - 16 Jun 2022
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