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Censof Bags RM73m Contract From HRDF

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KUALA LUMPUR (April 30): Censof Holdings Bhd has bagged a contract worth RM73.35 million to implement an integrated core and finance system for the Human Resources Development Fund (HRDF).

In a filing to Bursa Malaysia today, Censof said the five-year contract took effect on April 25.

“The project will have no effect on the issued and paid-up capital, substantial shareholders’ shareholding, net asset per share and no material changes in gearing ratio of the company and its subsidiaries,” said Censof.

Barring any unforeseen circumstances, Censof said the board is of opinion that the contract will contribute positively to the group’s earnings per share and future earnings.