Wednesday, July 13, 2011

IFCA MSC gets RM5.2m job in S. Africa

KUALA LUMPUR: IFCA MSC BHD [] has entered into a software licence and master services agreement to supply its a fully integrated e-Business Management Solution designed specifically for property companies in South Africa for RM5.2 million.

In a filing Wednesday, July 13, IFCA MSC said its subsidiary EFFICA TECHNOLOGY [] (Proprietary) Ltd had entered into the agreement with Growthpoint Management Services (Proprietary) Ltd to supply and implement its IFCA Application Software.

It said the contract would be financed via internally generated funds and was slated for completion by July 2013.

It said the scope of the project included the supply and implementation of the IFCA Application Software which included rental and facility management, procurement, inventory management, financial accounting and others.

IFCA MSC said the project was one its main stream businesses and would increase its order book in regional countries.

'It is also in line with IFCA MSC's strategy of becoming a global provider and to maintain a strong branding and presence in the African continent,' it said.

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