Prestariang to provide licensed Microsoft software to all government agencies

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KUALA LUMPUR (Jan 23): Prestariang Bhd’s wholly-owned unit Prestariang Systems Sdn Bhd (PSSB) had on Jan 21 received the letter of award from the Minister of Finance (MoF), to provide Microsoft software under the “Master Licensing Agreement 2.0” (MLA) to all government agencies in Malaysia.

In a filing to Bursa Malaysia today, the group said the contract is over the course of three years effective from Feb 1, 2015 until Jan 31, 2018.

“MLA is an initiative by the MoF that is aligned to the strategic ICT thrust of the Government. The focus of MLA 2.0 is to provide a licensing framework to better manage the procurement and utilisation of software license, streamlined administration and the budgeting of software procurement.

“The outcome is to enable a Standard Operating Environment (SOE) to be adopted which facilitates Microsoft software procurement, usage, maintenance, support and management by all government agencies,” said Prestariang.

However, the group didn’t provide any details on the value of the contract.

Prestariang (fundamental: 1.95; valuation: 0.9) closed two sen or 1.18% higher at RM1.72 today, with 3 million shares traded. It has a market capitalisation of RM822.8 million.

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