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.

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LFE Corp , JKR


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