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Censof Unit Bags MYR20 Million Deals from Malaysia's Inland Revenue Board; Shares Rally 5%

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Censof (KLSE:CENSOF) unit Century Software (Malaysia) clinched two contracts worth a combined 19.9 million ringgit from Malaysia's Inland Revenue Board, Lembaga Hasil Dalam Negeri Malaysia (LHDN).

Shares rose over 5% in Tuesday's late morning trade.

The deal will help to enhance and maintain the agency's digital systems.

The first contract, valued at 8.7 million ringgit, covers development and enhancement works, software licence renewals, and maintenance support for LHDN's Hasil International Data Exchange Facility system. It runs from June 2026 to June 2029.

Meanwhile, the second contract, worth 11.2 million ringgit, involves upgrading LHDN's Hasil Financial Integrated System, including system enhancement and support services. It has a term until May 2029, the filing said.

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