KUALA LUMPUR: ITMax System Bhd has been hired by the Pengerang Municipal Council to install a closed-circuit camera system with artificial intelligence (AI) features and set up a smart integrated operations centre in Pengerang.
In a bourse filing, the group said the contract with a value of RM30.24mil will commence on March 25, 2025, until March 24, 2040.
The letter of award is expected to contribute positively towards the earnings and net assets per share of the company over the period until the expiry of the contract period.