ITMAX secures variation order of RM80mil


PETALING JAYA: ITMax System Bhd has announced that its subsidiary, Southmax Sdn Bhd, has been awarded an RM79.9mil variation order (VO) by Iskandar Puteri City Council (MBIP).

Under the VO, ITMAX said it will undertake the deployment of additional smart traffic light controllers across the Iskandar Puteri area, further expanding the existing smart traffic system under MBIP.

“The VO will run until 2038, with an option to extend until 2046,” said the artificial intelligence (AI) powered integrated digital infrastructure service provider.

ITMAX managing director and chief executive officer William Tan Wei Lun said the VO further strengthens the firm’s footprint in Johor and reflects the growing confidence in the group’s AI-powered smart traffic solutions.

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

Next In Business News

Meta Bright buys 70% stake in TIESB
Batu Kawan acquires 47.7% stake in MKH
Bina Darulaman unit secures RM252mil job
Insas units dispose of 100 million Inari shares�
Exsim Hospitality bags RM45mil job
S P Setia posts quarterly bottom line of RM31mil
UEM Sunrise 1Q earnings at RM16mil
MR DIY sees 1Q profit increase to RM192mil
Sunway Healthcare quarterly revenue rises on higher demand
Perak Transit 1Q revenue at RM46mil

Others Also Read