News

We refer to our announcements on 20 November 2015, 24 November 2015, 26 November 2015, 18 November 2016, 13 July 2017, 18 July 2017 and 8 February 2018 in relation to the implementation of an integrated and comprehensive core immigration system known as ‘Sistem Kawalan Imigresen Nasional’ (“SKIN”).

On 18 July 2017, PRESBHD announced that Prestariang SKIN Sdn Bhd (“PSKIN”), a wholly-owned subsidiary of Prestariang Services Sdn. Bhd, which in turn is a subsidiary of PRESBHD, had entered into a concession agreement (“CA”) with the Government of Malaysia as represented by the Ministry of Home Affairs in relation to the implementation of SKIN.  

PRESBHD wish to announce that PSKIN has received a letter from the Ministry of Home Affairs today, which confirms that PSKIN has fulfilled all the conditions precedent in the CA, and accordingly declares 11 April 2018 as the effective date of the CA (“Effective Date”).     

As previously announced, the concession shall be for a period of 15 years commencing from the Effective Date or the date of commencement of the development works, whichever is later and expires on the 15th anniversary of that date, as may be extended or earlier determined in accordance with the terms of the CA.

This announcement is dated 10 April 2018.