Covid-19 a slight snag for EITA, but MD remains optimistic
KUALA LUMPUR: The Covid-19 outbreak has posed some challenges to EITA Resources Bhd’s elevator supply business. But its group managing director (MD) Fu Wing Hoong remains confident the situation is only a slight hiccup to another potentially good year. “Of immediate impact, I would say the Covid-19 virus may affect some delivery of raw materials. […]
LRT contract cut down, but EITA Resources unshaken
This article first appeared in The Edge Malaysia Weekly on October 28, 2019 – November 3, 2019 ELEVATOR manufacturer EITA Resources Bhd has continued to see growth in its business despite a near two-thirds cut in the original contract value of the Light Rail Transit Line 3 (LRT3) project due to the government’s strained fiscal […]
Eita Resources forms 70:30 JV with Royal Malaysia Police Cooperative
KUALA LUMPUR (Jan 29): Eita Resources Bhd has formed a 70:30 joint venture (JV) with Royal Malaysia Police Cooperative Bhd’s unit KOP Mantap Bhd for the provision of service, maintenance, repair, upgrade and modernise lifts, escalators and elevators to third parties. In a filing with Bursa Malaysia, Eita said its wholly-owned subsidiary Eita Elevator (M) […]