KUALA LUMPUR – Shares of Iris Corporation Bhd were actively traded on Tuesday after the company secured a RM1.16 billion contract with the government last week.
The technology innovator and leading provider of solutions and advancements secured an immigration system contract from the government for a period of 54 months commencing March 1, this year to August 31, 2025.
Iris told Bursa Malaysia that its wholly owned subsidiary, Iris Information Technology Systems Sdn Bhd (IITS), has received a Letter of Award (LOA) from the Home Ministry to develop and deliver the immigration system.
The company has 18 years of experience in trusted identification and is the inventor of the world's first ePassport and first multi-application eID card.
At 10.26 am, shares of Iris fell 3.5 sen to 40 sen. – Bernama, February 2, 2021
