ITMAX has a lot to gain from latest RM105mil DBKL contract


PETALING JAYA: ITMax System Bhd’s latest contract win, worth RM105.3mil from the Kuala Lumpur City Hall (DBKL), bodes well for its future prospects.

According to Hong Leong Investment Bank (HLIB) Research, the deal would provide longer visibility of recurring income stream to the service and network facilities provider. In addition, the win would serve as a testament to ITMAX’s technological leadership and quality of service, the brokerage said.

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