ITMAX gets RM52.81mil contract extension from DBKL

PETALING JAYA: ITMax System Bhd has secured a three-year extension for the installation and maintenance of networked street lighting systems in Kuala Lumpur from Kuala Lumpur City Hall (DBKL).

In a filing with Bursa Malaysia, the public space networked systems provider said it received a letter of a contract extension from DBKL valued at about RM52.81mil.

The contract extension is for a period of three years from Aug 1, 2023 to July 31, 2026.

The group said it received its first contract for the installation and maintenance of networked street lighting systems in Kuala Lumpur from DBKL on July 25, 2016 and subsequently secured its first extension on Aug 1, 2021.