KUALA LUMPUR: Leform Bhd
’s 85%-owned subsidiary, Leform Metal Sdn Bhd (LMSB) has secured a contract worth US$1.95mil in Cambodia.
In a filing with Bursa Malaysia, Leform said LMSB accepted and executed a contract with Nim Meng Group Co Ltd for the supply of highway guardrail products for the national road No. 5 improvement project, Package 4 in Cambodia.
The contract is expected to contribute positively to the revenue, earnings and net assets of Leform and its subsidiaries for the financial years ending Dec 31, 2024.
Managing director Law Kok Thye said the new contract represented a strategic step forward in our goal to expand our business footprint regionally as well as to capture a larger market share in the steel industry.
“We are confident of delivering products that meet our customers’ quality specifications. As such, we hope to win more of such projects over the near- and middle-term by leveraging on our expertise which would contribute to build a stronger track record for the group in the industry,” he said in a statement.
