IRIS Corp Bhd has snagged the much sought after contract for the RM1.16 billion National Integrated Immigration System (NIIS). The contract, which has a tenure of 4½ years or 54 months, is likely to be a game changer for the company. In a brief conversation with The Edge, CEO Shaiful Subhan clarified earlier speculation that the contract would be awarded to a consortium. “It (the award) is just to us, Iris, but of course, we will have subcontractors and we are open to partnerships,” he says. Shaiful was tight-lipped on the contract’s impact on Iris’ bottom line, saying only that, “It’s decent, we are still working on it”. Market talk, however, has it that the contract will mean margins of at least double digits for the company.