LFE's wholly owned subsidiary secures RM11 mil earthworks contract from PDSB
The contract, effective immediately, is slated for an eight- month duration with a completion date set for Oct 6, 2024.
The contract, effective immediately, is slated for an eight- month duration with a completion date set for Oct 6, 2024.
LFE said prospects for the property present an excellent opportunity for the group's future property development projects.
In a bourse filing, the group said its 60%-owned subsidiary LFE Development Sdn Bhd (LDSB) inked the joint venture agreement (JVA) with the owner of the land, Aziho Trading Sdn Bhd (ATSB), for the development of the project known as Taman Residensi Mesra Phase Four.
The entire contract was originally valued at RM90 million and awarded to Cosmo in November 2021.
CPMSB has contributed substantially to the group’s revenue for the financial year ended Dec 31, 2021, but the group was only able to recognise profit after tax from CPMSB up to the extent of its equity interest in the firm, despite the recognition of 100% of the firm’s revenue.
KUALA LUMPUR (Dec 11): Shares in LFE Corp Bhd rose 2.
KUALA LUMPUR (Dec 10): LFE Corp Bhd has won a RM19.
KUALA LUMPUR (Dec 5): LFE Corp Bhd has secured four contracts with a combined value of RM34.
KUALA LUMPUR (Nov 29): LFE Corp Bhd has secured three new projects in the current financial year ending Dec 31, 2019 (FY19), which contribute RM66.
Video taken from the Facebook of Roda Pena KUALA LUMPUR (Oct 3): A golfer suffered minor injuries when a tree fell on his buggy here yesterday, reported The Star.