Sasbadi Secures RM17m Government Contract

Sasbadi Holdings Bhd has secured a RM17.2 million contract from the Ministry of Education (MoE) to publish, print and supply textbook packages under the new 2027 school curriculum.

In a filing with Bursa Malaysia, the group said the contract was awarded to its wholly owned subsidiary, Sasbadi Sdn Bhd (SSB), together with its indirectly wholly owned subsidiary, The Malaya Press Sdn Bhd. Both entities have received a total of five letters of acceptance from the MoE in relation to the project.

The contract is scheduled to run over a three-year period from April 9, 2026 to April 8, 2029, covering the production and nationwide distribution of the required educational materials.

Sasbadi said the first tranche of the contract, valued at RM13.7 million, is expected to be delivered to schools across Malaysia starting from August 2026, in line with the rollout of the updated curriculum.

The group noted that the contract is expected to contribute positively to its earnings and net assets for the financial year ending Aug 31, 2026, and throughout the duration of the contract period.

This latest contract reinforces Sasbadi’s position as a key player in Malaysia’s educational publishing sector, particularly in supporting national curriculum initiatives through the provision of learning materials.

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