Securemetric secures RM14m contract

Securemetric Bhd’s subsidiary, Securemetric Technology Inc, has been awarded a RM14.38 million contract to provide subscription, support, and maintenance services for public key infrastructure (PKI), hardware security modules (HSM), SigningCloud, and electronic Know Your Customer (eKYC) solutions. The one-year contract will commence in January 2025 and conclude in January 2026.

Securemetric expects the deal to enhance its earnings per share and net assets for the 2025 financial year and beyond.

Securemetric’s share price fell by half a sen to 20 sen today, with a market valuation of RM115.41 million. –TMR