Prestariang bags RM13.31 million contract from MOHE

PETALING JAYA: Prestariang Bhd’s subsidiary Prestariang Systems Sdn Bhd has been awarded a RM13.31 million contract by the Higher Education Ministry to supply software licenses and related value-added services of Adobe Creative Cloud Software and Services to the ministry and its agencies, as well as all public universities, polytechnics and community colleges.
The group’s board of directors told Bursa Malaysia that it had on November 22 received the letter of award for the three year contract which starts from November 22, 2017 to November 21, 2020.
The group which is of the view that the award will enable it to expand its customer base will also contribute positively to the future earnings, net assets per share and gearing of Prestariang Group.
Prestariang's shares remained unchanged at RM1.21 with 1.73 million shares done.