EITA wins lift projects totaling RM12mil


PETALING JAYA: EITA Resources Bhd has secured three contracts worth RM12mil from Company A for the supply, installation, testing and commissioning of lifts for development projects in the Klang Valley, including a luxury residential development located in the KLCC area.

EITA is principally engaged in the design, manufacture, installation and maintenance of elevator systems.

In a filing with Bursa Malaysia, the company said the duration of the contracts is subject to the finalisation of the work programme with the customer, with the completion of the projects estimated to be within three years.

“The board envisages that the awards are not expected to have any material impact on the earnings of the group for the financial year ending Sept 30, 2026.

“The company does not foresee any exceptional risk other than the operational risk associated with the awards. Nevertheless, the company will take the appropriate measures to mitigate the risks as and when they occur.”

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

Next In Business News

Tabung Haji in stronger financial position after recovery efforts
Farm Price receives nod to transfer to Main Market
Pegasus buys freehold land in Port Dickson to expand landbank
Bursa Malaysia reprimands CFM, fines eight directors RM2mil for listing breaches
OCBC Malaysia named FinanceAsia's Best SME Bank for third consecutive year
New NIMP CoSIF scheme offers higher funding support for smart manufacturing
Malaysia Airlines adopts IATA programme to enhance flight safety
Ajinomoto Malaysia to table SCR proposal for shareholders' approval
Johan Holdings to acquire Lumut Park Resort for RM3.25mil
Geohan wins RM41mil KLCC mixed development job

Others Also Read