PETALING JAYA: Prestariang Bhd’s wholly-owned subsidiary, Prestariang Systems Sdn Bhd revealed Microsoft has decided to discontinue the former’s role as its channel partner effective January 31, 2021.
According to its Bursa filing, the group was renewed as Microsoft’s channel partner pursuant to an agreement made between the two effective October 1, 2019.
Prestariang stated it is evaluating the impact of Microsoft’s decision and intends to engage the US-company for further clarification on the matter.
Furthermore, it will make the relevant update announcement on the foregoing in due course.
To facilitate the announcement, the group has suspended trading of its share from 9am to 10am today.