Privasia Sdn. Bhd. accepted contract with Ministry of Education of Malaysia for Perkhidmatan Sewaan Perkakasan ICT Mesra Alam Yang Memenuhi Keperluan Hijau Secara Sewa Guna (Lease To Use) Untuk Keperluan Pengajaran Dan Pembelajaran (PdP) Di Makmal Komputer Sekolah Kementerian Pendidikan Malaysia (KPM) Fasa 3 (Zon 1: Perlis, Kedah Dan Pulau Pinang) Bagi Tempoh 65 Bulan.

MoE had on 23 October 2023 issued the acceptance to the contract offered to PSB. PSB has accepted the contract on 24 October 2023. Duration of the Contract: 65 months; Commencement date: 26 October 2023; End date: 25 March 2029; Contract Value: MYR 42,085,665.00.

The Company does not foresee any exceptional risks other than execution risks, political risks, pandemic risks and country risks associated with the Contract. None of the directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Contract.