KUALA LUMPUR: Censof Holdings Bhd’s wholly owned subsidiary, Century Software (M) Sdn Bhd has secured a contract worth RM7.25mil from SME Corp Malaysia.

       Censof, in a filing with Bursa Malaysia, said the contract was to build an application system for small and medium enterprises credit rating and accreditation platform phase 1 for SME Corp.

       The duration of the project is for a period of 45 months commencing from Feb 15, 2022 to Nov 14, 2025.

       In a separate statement, Censof said the contract included the project management services, change management services, training services,

       development of application system leveraging blockchain and eKYC, development of mobile application, development of application-programming interfaces and the provision of database software, report and analysis software and cloud server services.

       This application system will be integrated with the Companies Commission of Malaysia, SME Corp’s internal system, namely the SME Integrated Plan of Action System (SMEIPA), SME Central Incentives System (SCenic) and MyAssist System, as well as payment gateway providers in Malaysia.