SINGAPORE (Apr 24): Silverlake Axis announced Tuesday that it has won a new core banking system contract with a large banking institution in Asean.

While the value of the contract was not disclosed, the group says the contract is expected to contribute positively to its results for FY18 and the following financial years.

No further details of the contract, including the name of the bank, were disclosed, due to a confidentiality clause.

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