Lai lai Redtone tomorrow morning. Johor Sultan team up with VT to goreng. Results play still have 50% upside. If they put in Umobile for backdoor listing play, sky is the limit.
KUALA LUMPUR (Dec 3): Edaran IT Services Sdn Bhd (Edaran IT) has secured a contract worth RM56.71 million to undertake the maintenance work of hardware, server software and application of the Customs Information Systems from the Royal Malaysian Customs Department (RMCD).
Edaran IT is a wholly-owned subsidiary of Edaran Bhd.
In a filing with Bursa Malaysia Tuesday, Edaran said the 24-month contract took effect from Sept 1, 2019 until Aug 31, 2021.
"This contract will have a significant effect on the earnings per share (EPS) of the company and proceeds from the contract will contribute towards the earnings of Edaran Group for the financial year ending June 30, 2020 [FY20]," it said.
The company’s EPS is estimated to increase by 4.11 sen.
Edaran IT is a full-fledged information technology services and solutions provider, providing end-to-end IT system solutions which include provisioning, installation, commissioning, integration and maintenance of IT systems and related services.
In 2015, Edaran IT was appointed by RMCD as a national single window service provider.
Aside from RMCD, the other major customers of Edaran IT include the Ministry of International Trade and Industry, Universiti Teknologi MARA, Department of Shariah Judiciary Malaysia, Universiti Teknologi Petronas, the Prime Minister’s Department, Inland Revenue Board, and the Science, Technology and Innvoation Ministry. — Bernama
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....
jackMaDe
60 posts
Posted by jackMaDe > 2019-01-22 17:31 | Report Abuse
edaran going up, nice