LFE wins RM11mil earthworks contract


KUALA LUMPUR: LFE Corp Bhd has secured a RM10.96mil contract from Puncakcity Development Sdn Bhd (PDSB) for earthworks & related works.

In a filing with Bursa Malaysia, LFE said its wholly-owned subsidiary accepted the letter of award PDSB.

The contract is for eight months beginning from Feb 7 and shall be completed on Oct 6, 2024.

“The contract is expected to contribute positively to the earnings and net assets per share of LFE Group for the financial year ending Dec 31, 2024 and up to the expiry of the contract,” LFE said.

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LFE Corp

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