Categories: BusinessNews

Leform bags RM20m job from IJM Construction

Leform Bhd has secured a RM19.53 million contract from IJM Construction Sdn Bhd to supply and install guardrails at Section 11 of the Beruas Interchange to Taiping South Interchange.

The steel product manufacturer told the stock exchange that the work is expected to be completed by August 30, 2023.

The subcontract is expected to contribute positively to the revenue, earnings and net assets of the company for the financial year ending December 31, 2023.

Leform shares gained half a sen or 2.33% to 22 sen today, representing a market capitalisation of RM326 million. – TMR

Dayang Norazhar

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