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IRIS Corporation Bhd (IRIB.KL)

IRIB.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Iris corporation clarifies on press release entitled “IRIS on divestment trail"
Tuesday, 21 Mar 2017 05:13am EDT 

Iris Corporation Bhd : Contemplating to embark on proposals mentioned in article , parties are still in early talks and no finalised scheme been agreed upon . Refers to article entitled “IRIS on divestment trail" appearing in the edge financial daily dated, 21 march 2017, Source (http://bit.ly/2n36wXY) Further company coverage: [IRIB.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Iris Corporation's deputy Managing Director arrested on corruption charges
Friday, 20 Jan 2017 05:32am EST 

Iris Corporation Bhd : Deputy managing director of co Hamdan Bin Mohd Hassan was arrested by the Malaysian Anti-Corruption Commission on 19 January 2017 . Hamdan has been alleged to have abused his power and to have been involved in corrupt practices in e-passport project for government of Republic of Guinea . Remand of Hamdan will not have any implications on the validity of the contract between ICB and the government of the Republic of Guinea . Remand of Hamdan will not have any material effect on the earnings and net assets of the company .Hamdan's present duties and responsibilities as acting CEO of ICB will be taken over by current COO, Choong Choo Hock.  Full Article

Iris Corporation updates on legal proceeding
Tuesday, 15 Nov 2016 05:11am EST 

Iris Corporation Bhd :Updates on legal proceeding; co claims apology to be published in the star and utusan malaysia newspapers and 5 million rgt compensation.  Full Article

IRIS Corporation Bhd - yam dato'Serishahabuddinbin Tunku Besar Burhanuddin resigns as vice chairman
Tuesday, 30 Aug 2016 06:45am EDT 

IRIS Corporation Bhd : Yam dato' Serishahabuddinbin Tunku Besar Burhanuddin resigned as vice chairman .  Full Article

IRIS Corporation Bhd enters into supply agreement with IRIS smart technologies
Thursday, 11 Aug 2016 06:33am EDT 

IRIS Corporation Bhd : Entered into a supply agreement with IRIS smart technologies ltd for the supply of 2.5 million units of the 32-pages nigerian electronic passport . Total price USD42.5 million . Source (http://bit.ly/2bkNjvb) ((Further company coverage: [IRIB.KL])) ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

IRIS Corporation Bhd updates on contract with ministry of interior and public security of the Republic of Senegal
Monday, 30 May 2016 05:21am EDT 

IRIS Corporation Bhd : Entered into a contract with the ministry of interior and public security of the republic of senegal on 2nd may, 2016 . Moi for production and supply of 10 million new multi-application identity biometric cards based on contactless chip technology and 10 fingerprint biometry . Says deal for a total contract price of EUR76,200,000 . Contract is expected to contribute positively to icb groups earnings for the FY ending 31st March, 2017 and fys thereafter for duration of contract .  Full Article

IRIS Corporation enters into sale and purchase agreement with Edmund Fong R Boon
Wednesday, 11 May 2016 12:51am EDT 

IRIS Corporation Bhd : Entered into a sale and purchase agreement with edmund fong r boon, for the proposed disposal of Versatile Creative berhad . Deal for a total purchase price of 21 million rgt . Proposed disposal is not expected to have any material effect on net assets, EPS of icb group for FY ending 31 March 2017 .  Full Article

IRIS Corporation Bhd says it was served with petition by Dipon Gulf Infotech Consultancy
Tuesday, 8 Mar 2016 07:00pm EST 

IRIS Corporation Bhd:Says It was served with a petition by dipon gulf infotech consultancy.Petitioner alleges co indebted to them for sum of $2.16 million for services allegedly rendered for project awarded to co in Saudi Arabia.There is no material impact to the IRIS Group arising from this petition.  Full Article

IRIS Corporation Bhd says disposal of equity interest in PJT Technology
Monday, 9 Nov 2015 03:02am EST 

IRIS Corporation Bhd:Says unit on 6th November entered into sale and purchase of shares agreement with Yunnan Water (hong Kong) Company Limited.Deal for disposal of 5.6 million shares representing 75% of PJT Technology Co., Ltd'S fully and paid up capital.Says deal for consideration of $24 million.  Full Article

More From Around the Web

BRIEF-Iris corporation clarifies on press release entitled “IRIS on divestment trail"

* Contemplating to embark on proposals mentioned in article , parties are still in early talks and no finalised scheme been agreed upon