ITMAX latest contract win poised to bolster earnings


PETALING JAYA: ITMax System Bhd’s recent contract win in Penang opens new avenues for it to secure more CCTV contracts in the coming years, which will strengthen the company’s recurring income streams and technological leadership.

With the latest contract, the company has a total unbilled order book of RM1.5bil and recognised progressively up to July 2039, said Hong Leong Investment Bank (HLIB) Research.

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