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LFE Corp Bhd has bagged a RM19.1 million contract to undertake structural works for the carpark and podium of a service apartment in Damansara.

KUALA LUMPUR: LFE Corp Bhd has bagged a RM19.1 million contract to undertake structural works for the carpark and podium of a service apartment in Damansara. 

In its filing with Bursa Malaysia today, LFE said its wholly-owned subsidiary LFE Engineering Sdn Bhd has accepted the letter of award from Shiangly Athens Park Sdn Bhd 

“The nine-month contract is estimated to be completed by June 15, 2020,” it said. 

The contract is expected to contribute positively to the earnings and net assets per share of LFE Group for the financial year ending 31 December 2019 and up to the expiry of the contract.

Today’s announcement follows last week’s announcement from the group that it has secured four contracts with a combined value of RM34.5 million to provide electrical, fire protection and hydraulic services for the apartment project in Damansara.

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