LFE bags RM3.95mil job from JKR


KUALA LUMPUR: LFE Corp Bhd’s wholly owned subsidiary, LFE Engineering Sdn Bhd has secured a contract worth RM3.95mil from the Public Works Department (JKR).

In a filing with Bursa Malaysia, LFE said the contract was for a period of approximately 90 weeks for the supply of labour, equipment, tools, plant and machinery for the proper completion of electrical installation for the Labuan airbase RKAT construction.

The commencement date for the contract is two weeks from receiving the official order to commence work from the main contractor and is estimated to be completed by June 23, 2024.

“The contract is expected to contribute positively to the earnings and net assets per share of LFE group for the financial year ending Dec 31, 2022 and up to the expiry of the contract,” LFE said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

LFE Corp , JKR

   

Next In Business News

Ringgit closes slightly lower vs US$ after hitting fresh six-month high
CGC eyes 25% increase in guarantee issuances this year
SCIB secures RM70mil Islamic banking facilities
AI to usher in a new era for Malaysian economy
Samaiden Group launches RM1.5bil Islamic financing programmes
SC: Promotion of certain capital market products on social media may require licence
Bursa Malaysia recoups earlier losses to end flattish
Ancom Nylex posts record profit of RM81.47mil in FY24, upbeat on prospects
Haily unit secures RM76.65mil award for construction of link houses in JB
Sapura Resources unit to explore JV on aircraft-related services

Others Also Read