Reference is made to an article titled "Nova MSC unit wins S'pore ministry contract" which appeared in The Starbiz on 8 September 2020 ("the Article").
The Company would like to clarify that:-
1.The five-year contract as mentioned in the Article is awarded to EyRIS Pte Ltd (“EyRIS”) from Integrated Health Information Systems (“iHiS”) and not the Singapore’s Health Ministry. Due to commercial reasons, the contract sum are not revealed. iHiS is is the technology agency for the public healthcare sector in Singapore. 2.The said contract is not expected to have any material impact to the Group’s upcoming financial performance. The press release was however issued with the intention to inform shareholders on the development of the Company, which was done from time to time, in line with the Company's practices as a responsible corporate citizen. These practices helped to give an insight to our shareholders on the direction of the Group going forward.
Except for Mr Lai Teik Kin, who is also a shareholder and director of EyRIS, none of the directors and/or substantial shareholders of NOVAMSC or persons connected to the said directors and/or substantial shareholders have any interest, direct or indirect in the new contract awarded.
I am waiting this as well — Novamsc is part of a team to implement own VESALIUS Hospital Information System (HIS) in the Kingdom of Tonga funded by Asian Development Bank (ADB). The nationwide system that spans across 5 major hospitals and 27 other health centres/primary care clinics across the archipelago
Of course it would not impact the upcoming financial performance as it have not started yet but future recurring income should be rest assured depending on the contract sum.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MoneyHeist
614 posts
Posted by MoneyHeist > 2020-09-08 13:20 | Report Abuse
Please la fly after this..