Silverlake Axis

Silverlake Axis: Wholly owned subsidiary Cyber Village (CV) has secured a contract from Bank Rakyat to implement a new internet banking system. The contract will have CV provide the supply, install, integrate, test, implement and commission hardware, software and services for Bank Rakyat’s new internet banking system. In addition, CV will provide maintenance services to the system for five years as part of the contract. The contract is expected to contribute positively to the results of the group for the current and next financial years. Bank Rakyat is the biggest Islamic cooperative bank in Malaysia.