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Asia

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

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.

KLSE:CENSOF
Asia

Regional Gloom, Stalled US-Iran Talks Drag Malaysian Shares Lower for Fourth Consecutive Session

Malaysian shares fell for a fourth consecutive session on Monday, mirroring regional gloom as stalled U.S.-Iran talks continued to weigh on market sentiment.The FTSE Bursa Malaysia KLCI shed 12.51 points to end 0.7% lower at 1,727.71. The day range was between 1,727.71 and 1,742.60.In local news, Malaysia has rolled out a 5 million ringgit ($1.3 million) relief package to support its aviation industry as airlines face escalating operational costs linked to tensions in the Middle East, Bloomberg News reported.In corporate news, Real estate developer Gold Li (KLSE:GOLDLI) made its debut on Bursa Malaysia's ACE Market on Monday, opening at 0.12 ringgit, below its initial public offering (IPO) price of 0.205 ringgit, signaling a soft listing start for the property group.Shares of Censof (KLSE:CENSOF) dropped nearly 3% at Monday's close after its unit Century Software (Malaysia) bagged a deal worth 17.8 million ringgit from Majlis Agama Islam Wilayah Persekutuan (MAIWP). The deal involves building a financial management system compliant with government accounting standards and Islamic accounting frameworks.Gas Malaysia (KLSE:GASMSIA) will commit 49.8 million ringgit toward the proposed liquefied natural gas (LNG) re-gasification terminal in Kedah, Malaysia. Shares ended about 1% lower on today's close.

FTSE Bursa Malaysia KLCIKLSE:CENSOFKLSE:GASMSIAKLSE:GOLDLI
Asia

Censof Unit Bags MYR18 Million Deal for Financial Management System

Censof (KLSE:CENSOF) unit Century Software (Malaysia) bagged a deal worth 17.8 million ringgit from Majlis Agama Islam Wilayah Persekutuan (MAIWP).The deal involves building a financial management system compliant with government accounting standards and Islamic accounting frameworks.The five-year contract will run from June 1, 2026, to May 31, 2031, according to a Monday filing with Bursa Malaysia.

KLSE:CENSOF