Petaling Jaya, May 9 \u2013 Censof Holdings Berhad\u2019s wholly-owned subsidiary, Century Software (M) Sdn Bhd (CSM) has secured a new contract from Lembaga Hasil Dalam Negeri Malaysia (LHDNM) worth RM7.5 million to provide IT maintenance services.\u00a0<\/p>\n
Under the contract, CSM will provide application maintenance services for LHDNM\u2019s Electronic Revenue Accounting System (eRAS) and relevant hardware. The contract is for three years commencing from November 19, 2017 until November 18, 2020.\u00a0<\/p>\n
Censof Group Managing Director, Ameer bin Shaik Mydin said, \u201cWe are delighted to have received this contract which is testament to our capabilities as a reliable provider of financial management solutions. Having designed and developed LHDNM\u2019s eRAS in 2008, we continue to maintain a long-term working relationship with LHDNM.\u201d\u00a0<\/p>\n
In 2016, CSM was appointed to develop technology solutions to support LHDNM\u2019s compliance to the Foreign Account Tax Compliance Act (FATCA).<\/p>\n
\u201cWe at Censof have continuously kept ourselves up to date with the latest trends in the financial and technology landscape. This will enhance the confidence amongst our existing clients and future prospects. We believe that our solutions that operate within the financial regulatory landscape requires not only security and accuracy but also the versatility to adapt to the ever changing global financial terrain,\u201d he added further.\u00a0<\/p>\n
The contract is expected to contribute positively towards the Group\u2019s future earnings for the duration of three years contract.<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Petaling Jaya, May 9 \u2013 Censof Holdings Berhad\u2019s wholly-owned subsidiary, Century Software (M) Sdn Bhd (CSM) has secured a new contract from Lembaga Hasil Dalam Negeri Malaysia (LHDNM) worth RM7.5 million to provide IT maintenance services.\u00a0 Under the contract, CSM will provide application maintenance services for LHDNM\u2019s Electronic Revenue Accounting System (eRAS) and relevant hardware. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-466","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=466"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/466\/revisions"}],"predecessor-version":[{"id":6338,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/466\/revisions\/6338"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}