<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 18): ITMAX System Bhd’s subsidiary has secured a video surveillance and traffic light system services contract worth RM77.09 million from the&nbsp;Kulai Municipal Council.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing on Monday, ITMAX said its 65%-owned Southmax Sdn Bhd had received a letter of award (LOA) for the contract for the period&nbsp;of March 23, 2024 to March 25, 2039.</p></div>

<div class=newsTextDataWrapInner><p>ITMAX said the LOA is expected to contribute positively towards the company's earnings until the end of the 15-year period.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At the midday break on Monday, ITMAX had risen 2.62% or six sen to RM2.35, with 1.56 million shares traded, giving the stock a market value of RM2.42 billion.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/702433" target="_blank">ITMAX System’s 4Q net profit rises 30% to RM16.7 mil</a></em></p></div>


ITMAX System Bhd’s subsidiary has secured a video surveillance and traffic light system services contract worth RM77.09 million from the Kulai Municipal Council.

In a bourse filing on Monday, ITMAX said its 65%-owned Southmax Sdn Bhd had received a letter of award (LOA) for the contract for the period of March 23, 2024 to March 25, 2039.

ITMAX’s subsidiary gets 15-year contract worth RM77m from Kulai Municipal Council

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<p>Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>
