Archive · 28 Nov 2025
Newgen Software bags Malaysian bank order
Newgen Software, a company based in Noida, India, has some good news.
Their subsidiary in Singapore got a big order from a bank in Malaysia.
The order is worth about Rs 13.96 crore and will last for five years.
They will help the bank with something called an Enterprise Content Management System, which helps manage important documents and information.
Even though the company's stock has been going down lately, this new order is a positive development.
The bank's name isn't being shared because it's confidential, but we know it's a big bank in Malaysia.
Newgen Software's Singapore subsidiary secures a significant order from a Malaysian bank.
The contract is valued at RM 6,465,400.80 (approximately Rs 13.96 crore).
The 5-year contract involves providing end-to-end project management services for an Enterprise Content Management System (ECM).
The client's name is withheld due to confidentiality reasons.
Newgen Software's stock has faced selling pressure, down 1.30% on Thursday and nearly 11% in the last month.
- Who
- Newgen Software Technologies Ltd and its subsidiary, Newgen Software Technologies Pte Ltd
- What
- Secured a significant order from a Malaysian bank
- When
- The order was announced on Thursday, with a 5-year contract duration
- Where
- The subsidiary is based in Singapore, and the client is in Malaysia
- Why
- To provide end-to-end project management services for an Enterprise Content Management System (ECM)
- Company
- Newgen Software Technologies Ltd
- Subsidiary
- Newgen Software Technologies Pte Ltd
- Client Location
- Malaysia
- Contract Value
- RM 6,465,400.80 (Rs 13.96 crore)
- Contract Duration
- 5 years
- Services Provided
- Enterprise Content Management System (ECM)
- Stock Performance
- Down 1.30% on Thursday, 11% in last month