Wednesday 21 Oct 2026
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KUALA LUMPUR (May 26): EVD Bhd (KL:EVD) has secured a subcontract worth RM18 million for the supply and installation of traffic control and surveillance system for the East Klang Valley Expressway (EKVE).

In a bourse filing on Monday, the transportation ICT system solutions provider said the letter of acceptance (LOA) was issued by WZR Property Sdn Bhd, the main contractor for the project, to EVD’s wholly-owned subsidiary EV-Dynamic Sdn Bhd.

The scope of work includes labour, materials and equipment supply, as well as system installation, in accordance with approved drawings and specifications.

The contract, which spans a period of 21 weeks, started on May 21, 2025. Section 1 of the project is scheduled to be completed by July 30, 2025, and Section 2 by October 30, 2025, with both including internal testing and commissioning.

Shares of the ACE Market-listed company closed unchanged at 5.5 sen on Monday for a market capitalisation of RM24.5 million.

Edited ByPresenna Nambiar
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