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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
EVD , EV-Dynamic

Next In Business News

Sunway Construction unit secures work orders valued at RM386mil from US-based tech firm
Sunway Healthcare said to gauge interest for IPO in January
Ringgit hits near six-year high at 4.07 vs greenback
Bursa Malaysia's key index rises 1.15% on firmer regional markets
Sunview's indirect subsidiary inks 21-year PPA with TNB
Perdana Petroleum unit secures two contracts for provision of vessels
Protasco unit inks interim agreement for maintenance of Federal roads
SumiSaujana unit inks MOU to explore development of acid gas facility in Indonesia
MyNews' new store openings bolster 4Q profit
Malakoff subsidiary inks 21-year PPA with TNB

Others Also Read