EVD gets RM59.64mil smart building contract

PETALING JAYA: EVD Bhd’s wholly-owned subsidiary, EV-Dynamic Sdn Bhd, has been awarded a sub-contract worth RM59.64mil from Sunway Construction Sdn Bhd to design, supply, deliver, install, test and commission of smart building and security services.

In a filing with Bursa Malaysia, EVD said the duration of the sub-contract is approximately 21 months from Jan 5, 2024 to Oct 31, 2025.

“While the sub-contract would not have any material effects on the share capital and shareholding structure of the company, it is expected to contribute positively to the earnings per share and net assets per share of EVD for the financial year ending 2024 onwards.