KUALA LUMPUR: ITMax System Bhd
has accepted a contract from Railway Assets Corp (RAC), the administrator of the Malaysia's railway assets, for the provision of upgrading and maintenance services using the latest technology
for the closed-circuit camera (CCTV) infrastructure on the railway network owned by RAC.
In a bourse filing, Itmax said the contract, valued at RM14.45mil, will commence on Sept 1, 2025, for a period of 68 months.
The contract 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.
