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apple developer:Quick take: Mesiniaga falls 10% despite contract win

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KUALA LUMPUR: Shares in Mesiniaga Bhd fell over 10% in early trade Monday, succumbing to profit-taking. The IT service management company shed 10.53%, or 14 sen to RM1.19. The counter closed at RM1.33 on Friday. Mesiniaga has secured a maintenance contract worth RM10.6mil from the Ministry of Home Affairs. The contract involves comprehensive maintenance services of hardware and software systems for National Registration Department branches. The three-year contract is expected to be completed by June 30, 2023. Mesiniaga said the proposed transaction would have a positive effect on the company,

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