Censof Inks Contract Worth RM17.86 Million from the Ministry of Transport

Kuala Lumpur, 10 March 2021 – Censof Holdings Berhad (“Censof” or the “Group”), a technology holdings company specialising in financial management software solutions has accepted the Letter of Award from the Ministry of Transport Malaysia (“MOT”) for a contract named “Perolehan Pembangunan Sistem Pelesenan Kenderaan Perdagangan” (“the Contract”) through its wholly-owned subsidiary, Century Software (Malaysia) Sdn Bhd (“Century Software”).

 This contract, valued at RM17.86 million, involves the development of a commercial vehicle licensing system for a tenure of 36 months, commencing from 1 April 2021 until 31 March 2024. The licensing system generally caters for the application of commercial licenses for land transportation.

“This contract is a testament of our work in digital transformation and this marks our initiative to strengthen Censof’s position as a significant player in providing software solutions to the government agencies, which will ultimately contribute positively to the Group’s bottomline. With this said, I would like to express my gratitude to MOT for their trust and confidence in us as we continue to deliver and meet the standards expected by MOT,” said Ameer Shaik Mydin, group managing director of Censof.

“We will constantly stay abreast with the latest developments on innovative technologies for businesses needs and to capitalise on our new experiences, knowledge and capabilities to create and provide improvements to our existing products and solutions,” he added.

To recap, Censof was awarded a contract by the Ministry of Finance in early January this year to provide maintenance and support services for the government’s budget management information system, MyResults. The contract, which is valued at RM10.12 million, is for the tenure of 24 months, from 1 January 2021 to 31 December 2022.