September 26, 2017 7:34 AM ET

IT Services

Company Overview of Formis Network Services Sdn Bhd

Company Overview

Formis Network Services Sdn Bhd provides customised systems integration of hardware platforms, continuous maintenance and after sales support services. The company was incorporated in 1989 and is based in Kuala Lumpur, Malaysia. Formis Network Services Sdn Bhd operates as a subsidiary of Formis Computer Services Sdn Bhd.

6th Floor Menara Smi

Kuala Lumpur,  50250

Malaysia

Founded in 1989

Phone:

60 3 2032 2633

Key Executives for Formis Network Services Sdn Bhd

Formis Network Services Sdn Bhd does not have any Key Executives recorded.

Formis Network Services Sdn Bhd Key Developments

Formis Network Services Sdn Bhd Wins Phase 2 of the e-COURTS Court Digitisation Programme for Technology Enhancements to the Court Infrastructure of Peninsular Malaysia

The board of directors of Omesti Berhad announced that Formis Network Services Sdn Bhd (FNS), an indirect 51% owned subsidiary of Omesti, has been awarded Phase 2 of the e-COURTS Court Digitisation Programme for technology enhancements to the Court infrastructure of Peninsular Malaysia (hereinafter referred to as the e-COURTS Phase 2 Contract) for a total contract sum of MYR 31,014,540.00 (GST inclusive). The e-COURTS Phase 2 Contract is awarded subject to a formal contract agreement to be entered into between the Government of Malaysia and FNS in due course. The e-COURTS Phase 2 Contract is for a duration of 18 months and scheduled to commence on January 15, 2016 until July 14, 2017. The e-COURTS Phase 2 Contract is expected to contribute positively to the revenue, net assets per share and earnings of Omesti Group for the financial year ending March 31, 2016 and March 31, 2017. Omesti does not foresee any exceptional risk other than operational risk associated with the e-COURTS Phase 2 Contract. None of the Directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the e-COURTS Phase 2 Contract.

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Recent Private Companies Transactions

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Date
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Merger/Acquisition
December 22, 2016
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