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Home Ministry to determine if any breach of contract by NIIse-linked company

SEPANG: The Home Ministry will determine if the disposal of equity interest by the company granted the National Integrated Immigration System (NIISe) project has breached the terms and conditions of the agreement signed with the government, says Datuk Seri Saifuddin Nasution Ismail.

Iris Corp to dispose of 80% stake in unit for RM70mil

KUALA LUMPUR: Iris Corporation Bhd (Iris Corp) has entered into a shares sale agreement (SSA) with Tass Tech Technologies Sdn Bhd (Tass Tech) for the disposal of 80 per cent equity interest in its unit, Iris Information Technology Systems Sdn Bhd (IITS), for RM70 million in cash.

All eyes on listed service providers

Bursa Malaysia-listed companies involved in e-government and IT services have shot onto the radar following news that immigration services and processes may be back fully under the Immigration Department’s management by 2025.

Bursa falls as economic jitters escalate

KUALA LUMPUR: Bursa Malaysia saw heavy selling pressure on Tuesday as investors cashed out of recent gains amid economic concerns and evidence that global interest rates may continue to climb for longer.

Iris enters into addendum contract with Tanzania s NIDA for US$39 70mil

KUALA LUMPUR: Iris Corp Bhd has entered into a contract addendum with Tanzania’s National Identification Authority (NIDA) to complete the delivery of revised deliverables under the principal contract.

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