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Iris gets RM40m Felda contract

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Iris gets RM40m Felda contract Empty Iris gets RM40m Felda contract

Post by Cals Thu 10 Oct 2013, 21:16

Iris gets RM40m Felda contract
Business & Markets 2013
Written by Jeffrey Tan of theedgemalaysia.com   
Thursday, 10 October 2013 18:36
KUALA LUMPUR (Oct 10): Iris Corp Bhd announced that it has clinched a RM39.99 million contract from the Federal Land Development Authority (Felda). 

In a filing to the stock exchange, Iris, a digital-identity specialist, said it will build an integrated community centre in Negeri Sembilan for Felda. 

The project comes under Iris’ Sentuhan Kaseh modern-rural project which is located in Felda Palong 21, Wilayah Raja Alias, Negeri Sembilan.

"The above mentioned SK Palong project  will not have any material effect on ICB’s (Iris) net assets per share for the financial year ending on 31 March 2014 but is expected to contribute positively in the future," Iris said.

Iris said the project which had commenced since Oct 1 this year, is due for completion by January 28 next year.
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