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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia closed for Thaipusam, FT day on Feb 2
Stocks slide, dollar struggles as Trump's Greenland gambit rattles markets
US yields rise to multi-month highs on Trump's tariff threats
OMS Group inks deal with Ulstein for two next-generation cable-laying vessels
Ringgit firmer vs greenback on rising US-EU tensions
FBM KLCI retreats to 1,700 support as profit-taking accelerates
Trading ideas: IJM, Perak Corp, Kuchai, Favelle Favco, Reservoir Link, OpenSys, Teladan, PJBumi, AirAsia X, M&A Equity, Alliance Bank
Cypark aims for stronger recurring income stream
Iran’s real oil risk is labour strikes, not bombs
Coconuts might be IOI Corp’s next cash crop

Others Also Read