Infomina Bhd has secured a two-year contract worth RM23.49 million to provide IT infrastructure operations, maintenance and support services to the Inland Revenue Board (IRB).
In a filing with Bursa Malaysia, the group said the contract covers both hardware and software maintenance for the IRB’s data warehouse systems. This includes software licence renewals, technical support, hardware maintenance, as well as related professional services.
The contract is set to run from April 1, 2026, to March 31, 2028, with any extension or renewal subject to the IRB’s discretion.
This latest win follows a similar contract secured last month, when Infomina was awarded a three-year deal worth RM68.92 million by the Immigration Department.
On the market front, Infomina shares slipped one sen, or 0.9%, to close at RM1.10 on Friday, giving the group a market capitalisation of RM661.4 million.
According to AskEdge data, the stock is currently trading at a trailing price-to-earnings (P/E) ratio of 31.2 times. This is lower than peers such as Go Hub Capital Bhd (KL:GOHUB), which trades at 73.7 times, and ITMAX System Bhd at 51.1 times.
