Recent wins point to growth potential for ITMAX

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PETALING JAYA: ITMAX System Bhd could see further growth opportunities for closed-circuit TVs (CCTVs) installation contracts from Johor and Penang, which are seen as significantly underpenetrated markets compared with Kuala Lumpur.

UOBKH Research said that it believes ITMAX’s smart-parking system will be another strong growth driver for the company.

Meanwhile, ITMAX’s latest win came from Kuala Lumpur City Hall (DBKL) for the installation of an additional 5,000 CCTV units, amounting to RM539.5mil.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News Itmax CCTV /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 00:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 595 words

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Sentences: 18 lines

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Copyright Owner: © The Star

News ID: 22159239

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