Itmax's smart parking service could propel earnings


KUALA LUMPUR: ITMax System Bhd's first contract for the provision of a smart parking system could pave the way for more jobs in this area and propel the group's earnings to the next level, says Hong Leong Investment Bank (HLIB) Research.

Itmax announced yesterday it had bagged a contract with Iskandar Puteri City Council to be a smart parking operator for 32,025 street parking bays for a period of 15 years commencing June 1, 2024.

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Itmax , parking , Iskandar Puteri City , HLIB

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