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EITA wins lift projects totaling RM12mil
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PETALING JAYA: EITA Resources Bhd has secured three contracts worth RM12mil from Company A for the supply, installation, testing and commissioning of lifts for development projects in the Klang Valley, including a luxury residential development located in the KLCC area.

EITA is principally engaged in the design, manufacture, installation and maintenance of elevator systems.

In a filing with Bursa Malaysia, the company said the duration of the contracts is subject to the finalisation of the work programme with the customer, with the completion of the projects estimated to be within three years.

“The board envisages that the awards are not expected to have any material impact on the earnings of the group for the financial year ending Sept 30, 2026.

“The company does not foresee any exceptional risk other than the operational risk associated with the awards. Nevertheless, the company will take the appropriate measures to mitigate the risks as and when they occur.”

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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