<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 14): Electrical and mechanical engineering firm LFE Corp Bhd (KL:<a href="/askedge/klse/7170" class="ce-stock" target="_blank">LFECORP</a>) has secured a subcontract worth RM18.95 million to undertake electrical system installation works from GDP Architects Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>The subcontract involves the supply, delivery, installation, testing, commissioning, and maintenance of electrical systems, said LFE Corp, adding that its wholly-owned subsidiary LFE Engineering Sdn Bhd has been nominated as the sub-contractor for the project.</p></div>

<div class=newsTextDataWrapInner><p>The contract commenced on Sept 20, 2024, with completion slated for July 19 next year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>LFE Corp said the contract is expected to contribute positively to its earnings and net assets per share for the financial year ending Dec 31, 2024 and up till the expiry of the contract.</p></div>

<div class=newsTextDataWrapInner><p>Shares in LFE Corp closed 2.5 sen or 7.94% lower at 29 sen on Thursday, giving the group a market capitalisation of RM322 million. The stock has gained over 66% year to date.</p></div>


Electrical and mechanical engineering firm LFE Corp Bhd (KL:LFECORP) has secured a subcontract worth RM18.95 million to undertake electrical system installation works from GDP Architects Sdn Bhd.

LFE Corp bags subcontract works worth RM19 mil

The Malaysian Anti-Corruption Commission (MACC) has summoned five Sabah state assemblymen to provide statements regarding an alleged corruption case involving a mineral project in the state.

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Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.

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A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.

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The National Energy Awards (NEA), which aims to recognise the achievements and best practices of sustainable energy industry players in Malaysia, will be open for submission from Monday (Nov 18) until Feb 19 next year.

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Pasir Bedamar state assemblyman Woo Kah Leong has been elected DAP Socialist Youth (DAPSY) national chief for the 2024–2027 term.

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Kelantan's Gross Domestic Product (GDP) grew by 2.6% to RM27.6 billion in 2023 compared to RM26.9 billion the previous year, said Menteri Besar Datuk Mohd Nassuruddin Daud.

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Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday at which she spoke about the need to regulate social media to rein in misinformation.

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Prime Minister Datuk Seri Anwar Ibrahim has arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.

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Australia Prime Minister Anthony Albanese said his relationship with US President-elect Donald Trump has had a "very good beginning", elaborating on a phone call between the pair after the Republican's US election win.

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Netflix said on Saturday that 60 million households worldwide had tuned in for the highly anticipated boxing match between Jake Paul and Mike Tyson, and the event peaked at 65 million streams, according to a statement.

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<p>Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday at which she spoke about the need to regulate social media to rein in misinformation.</p>


<p>Pasir Bedamar state assemblyman Woo Kah Leong has been elected DAP Socialist Youth (DAPSY) national chief for the 2024–2027 term.</p>


<p>Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim has arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.</p>


<p>A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.</p>


<p>The Malaysian Anti-Corruption Commission (MACC) has summoned five Sabah state assemblymen to provide statements regarding an alleged corruption case involving a mineral project in the state.</p>


<p>Kelantan's Gross Domestic Product (GDP) grew by 2.6% to RM27.6 billion in 2023 compared to RM26.9 billion the previous year, said Menteri Besar Datuk Mohd Nassuruddin Daud.</p>


<p>The National Energy Awards (NEA), which aims to recognise the achievements and best practices of sustainable energy industry players in Malaysia, will be open for submission from Monday (Nov 18) until Feb 19 next year.</p>
