Censof Gets RM4mil IRB Contract

PETALING JAYA: Censof Holdings Bhd’s unit has bagged a government contract worth RM4mil from the Inland Revenue Board (IRB).

In its filings with Bursa Malaysia, the company said its wholly owned subsidiary, Century Software (M) Sdn Bhd, had accepted a letter of award from the IRB to implement an accounting software system.

The contract was for a period of three years, commencing from March 1, 2020 to Feb 28, 2023.

Censof said the contract is expected to contribute positively to its earnings per share and future earnings. It added that the job is not expected to have any material effect on the issued and paid-up capital, substantial shareholders’ shareholding, net asset per share and gearing of the company and its subsidiaries.