PJBumi lands My Digital ID Onboarding contract with Mimos Semiconductor

PJBUMI Bhd’s subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd, has accepted a contract to provide My Digital ID Physical Onboarding Services to Mimos Semiconductor (M) Sdn Bhd.

The contract involves setting up 500 touch point devices for RM100,000.00 and receiving RM1.70 per successful onboarding over 24 months, starting from June 21, 2024.

The contract is expected to positively impact earnings per share for the fiscal years ending June 2025 and June 2026.

The move marks PJBumi’s strategic entry into digital services, supporting MSSB’s digital transformation goals. –TMR