LFE secures RM24mil worth of jobs in Ara Damansara

LFE Corp Bhd has secured three contracts worth a combined RM23.87 million for electrical, mechanical, and plumbing works at a commercial development in Ara Damansara, Selangor. Its subsidiary, LFE Engineering Sdn Bhd, accepted the letters of award from Pembinaan Bina Bumi Sdn Bhd to undertake the supply, installation, testing, and commissioning works for the redevelopment.

The contracts, which have a duration of 27 months, commence on Dec 22, 2025, and end on March 21, 2028. LFE expects the contracts to positively impact its earnings and net assets per share for the financial year ending Dec 31, 2026, and throughout the contract period.

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