Money
EITA wins RM126m in jobs from Prasarana
Bursa Malaysia extends gains at mid-morning in cautious trading ahead of Bank Negara Malaysiau00e2u20acu2122s Monetary Policy Meeting scheduled for later in the day, January 26, 2018. u00e2u20acu201d Picture by Azneal Ishak

PETALING JAYA, March 7 — Elevator maker EITA Resources Bhd has secured three letters of acceptance from Prasarana Malaysia Bhd with value of RM126.19 million, according to The Star.

In a Bursa Malaysia filing yesterday, it stated that 106 units of escalators and 95 units of lifts will be supplied and installed.

Advertising
Advertising

"The contracts will not have any material effect on the net assets and gearing of the EITA group for the financial year ending Sept 30, 2018, and are expected to contribute positively to the earnings of EITA over the duration of the contracts,” it said.

EITA’s wholly owned subsidiary, EITA Elevator (M) Sdn Bhd, was selected as the designated contractor for the supply, delivery, installation, testing, and commissioning of lifts and escalators for the light rail transit line 3 (LRT3) from Bandar Utama to Johan Setia.

Related Articles

 

You May Also Like