PETALING JAYA: Censof Holdings Bhd’s wholly-owned subsidiary Century Software (Malaysia) Sdn Bhd, has accepted a RM10.77mil contract from the Malaysia Co-operative Societies Commission for the development of a new financial system.

Censof said the job scope will include analysis, design, setup, configuration, customisation, testing, integration, migration, training, commissioning, and system maintenance activities.

According to Censof’s announcement to Bursa Malaysia, the project will run for two years from Nov 2, 2026, to Nov 1, 2028.

“The board of directors is of the view that the project is in the best interest of the company and its subsidiaries, and is expected to contribute positively to the earnings and net assets per share of the group for the financial year ending March 31, 2027, onwards.”

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