Securemetric wins RM15 mil software improvement platform contract in Philippines


KUALA LUMPUR (June 8): Securemetric Bhd (KL:SMETRIC) stated the group has secured a contract value 229.89 million pesos (RM15.07 million) within the Philippines for the supply of an software improvement platform.

In a Bursa Malaysia submitting on Monday, the digital safety options supplier stated the contract was awarded to its 99.99%-owned Philippine subsidiary, Securemetric Know-how Inc.  

The group, nevertheless, didn’t disclose the client for the contract.

Securemetric stated the contract scope contains the supply of {hardware}, subscription, assist and upkeep providers, in addition to different providers associated to public key infrastructure.

The group expects the contract to contribute positively to its earnings for the monetary yr ending Dec 31, 2026 onwards.

Securemetric is principally concerned within the provision of digital safety options, together with authentication, id and entry administration, and public key infrastructure providers.

Its shares closed up half a sen or 4.55% at 11.5 sen on Monday, with a market capitalisation of RM66.36 million.