1. Introduction
Mesiniaga Berhad ("Company") is pleased to announce that on 24 April 2026, it accepted a Purchase Order from Maybank Shared Services Sdn. Bhd. ("Customer") for the Subscription of Nutanix Cloud Infrastructure (NCI), Ultimate Software License & Mission Critical Software Support Service for 1 CPU Core + NCM Starter & Mission Critical SSS.
2. The Contract Value
The value of the Contract is RM51,641,649.82 (Ringgit Malaysia: Fifty One Million Six Hundred Forty One Thousand Six Hundred Forty Nine and Eighty Two Sen) inclusive of the Sales and Service Tax (SST).
3. Duration of the Contract
The Contract is for 60 months and is set to be completed by 30 April 2031. There is no automatic renewal clause in the Contract.
4. Risks in relation to the Contract
The risks relate mainly to meeting the service level commitments and deadlines imposed by the Customer. The Company has taken the necessary steps to mitigate the risks.
5. Directors' and substantial shareholders' interests
None of the directors, substantial shareholders or any person connected to the directors or substantial shareholders of the Company has any interest, either directly or indirectly, in the said Contract.
6. Statement of directors
The Board of Directors of the Company is of the opinion that the said Contract is in the ordinary course of business and is in the best interest of the Company.
7. Financial effects
The Contract will not affect the share capital and substantial shareholders' shareholdings of the Company. It is expected to contribute positively to the Group's earnings and net assets for the financial year ending 31 December 2026 onwards until the completion of the Contract.
This announcement is dated 24 April 2026.