Edaran Bhd has secured a RM356.56 million contract to provide hardware and software rental services to the Royal Malaysian Customs Department.

The 48-month contract, awarded by the Ministry of Finance (MOF), was accepted today and is expected to contribute to the group's earnings from FY2024 to FY2028.

Edaran's substantial shareholders include Valiant Chapter Sdn Bhd, Kauthar Sdn Bhd, and Unique Pyramid.

The company's shares closed 5.17% higher at 92 sen, with a market capitalisation of RM54.90 million.