KUALA LUMPUR: Censof Holdings Bhd said it has secured a RM17.86mil contract from the Transport Ministry. The contract is for a project to develop a licensing system for commercial vehicles (I-SPKP). "The tenure of the contract is for a period of 36 months commencing from April 1, 2021 to March 31, 2024," Censof said. The company said it does not envisage any risk factor arising from the Contract besides business risk. "However, the Company will continuously be taking appropriate measures to manage and mitigate the risk," it added. "Bearing any unforseen circumstances, the Board is of the opinion that the Contract will contribute positively to the earnings per share and the future earnings of Censof Group."
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