Page 3 - Awanbiru Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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, “...

The FBM KLCI managed to end the week in the positive zone after it started the first trading week on a bearish note on Monday. It gained 0.37% to close at 1,633.19 points as the three glove stocks, particularly Supermax Corp Bhd, recovered from the selldown that was partly driven by regulated short selling (RSS) on Monday.