KUALA LUMPUR: LFE Corporation Bhd’s wholly-owned subsidiary, LFE Engineering Sdn Bhd, has accepted four letters of award (LOA) dated Nov 29 from Shiangly Builder Sdn Bhd for jobs worth RM34.503 mil.
LFE Corporation told Bursa Malaysia on Dec 5 that the projects are to provide electrical air conditioning and mechanical ventilation services, fire protection services, hydraulic services and electrical high-tension, low-voltage and extra low-voltage services under each LOA at a few building floors in Selangor.
It said the contract is over 26 months from Sept 23 and to be completed by Nov 22, 2021.
It expects the contract to contribute positively to the earnings and net assets per share of LFE Group for the financial year ending Dec 31, 2019, and up to the expiry of the contract. – Bernama
