The Board of Directors of the Company wishes to announce that Century Software (Malaysia) Sdn. Bhd., a wholly-owned subsidiary of the Company, had secured a letter of acceptance from TH Travel & Services Sdn. Bhd. (“THTS”) on 4 November 2024 in relation to the delivery and maintenance of an integrated accounting system for THTS ("the Project"). 

The Project is structured into two main segments. The initial segment, valued at RM1.62 million, covers the provision, development, configuration, training, and various support services for an integrated accounting system for THTS. The second segment involves a 5-year maintenance period, with an annual fee of RM0.48 million, giving a total maintenance fee of RM2.42 million. The Project is scheduled to commence on 4 November 2024, with completion and delivery expected within 32 weeks. 

Please refer to the attachment in relation to the press release for further details. 

This announcement is dated 4 November 2024.