Itmax's Penang contract opens doors for more CCTV jobs

PETALING JAYA: ITMax System Bhd's recent contract win in Penang opens new avenues for it to secure more CCTV contracts in the coming years, which will strengthen the company's recurring income streams and technological leadership.

With the latest contract, the company has a total unbilled order book of RM1.5bil, to be recognised progressively up to July 2039, said Hong Leong Investment Bank (HLIB) Research. At the end of third quarter 2024, Itmax’s tender book stood at about RM300-400mil.

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Itmax , CCTV , AI , HLIB

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  • SymbolOpenHighLowLastChg%ChgVol ('00)
    HSI-PWD1 0.210 0.210 0.195 0.200 -0.020-9.091,526,135
    HSI-CWEJ 0.160 0.170 0.160 0.170 0.0159.681,063,181
    HSI-CWEO 0.145 0.155 0.145 0.150 0.0053.45904,370
    HSI-PWD7 0.225 0.225 0.215 0.220 -0.030-12.00509,389
    HSI-CWCY 0.165 0.170 0.160 0.165 0.0106.45477,459
    CLITE 0.230 0.235 0.220 0.225 -0.025-10.00332,330
    HSI-CWCM 0.160 0.170 0.155 0.160 0.01510.34292,230
    RENEUCO 0.050 0.060 0.050 0.055 0.00510.00282,542
    HSI-PWFJ 0.205 0.205 0.195 0.200 -0.010-4.76250,004
    EDEN-WC 0.035 0.035 0.025 0.035 0.030600.00141,645
    XIAOMI-C36 0.220 0.220 0.215 0.220 0.0052.33132,992
    BORNOIL-WE 0.005 0.005 0.005 0.005 0.0000.0095,922
    HSI-CWA5 0.060 0.060 0.040 0.045 0.0000.0091,100
    JCY 0.430 0.430 0.405 0.415 -0.010-2.3588,517
    HSI-PWD5 0.110 0.110 0.105 0.105 -0.015-12.5087,617

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