Infomina Berhad announced that its Thailand subsidiary had received the for the provision of technology application and infrastructure operations, maintenance and support services over a period of five years and seven months for a Thai bank.
The company said the value for the order is approximately USD11.39 million (equivalent to RM53.6 million) (excluding value added tax) for the entire Period.
Infomina said the main risk for the Order will be the currency risk where fluctuations in foreign currency exchange rates, particularly in USD, which any unfavourable fluctuations may adversely affect our financial performance and profit margin.
