EITA gets RM126mil jobs from Prasarana

PETALING JAYA: Elevator manufacturer EITA Resources Bhd has clinched three letters of acceptance from Prasarana Malaysia Bhd worth RM126.19mil.

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

According to a Bursa Malaysia filing yesterday, 106 units of escalators and 95 units of lifts will be supplied and installed.

“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.