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News

EITA RESOURCES BERHAD – 28TH ANNUAL GENERAL MEETING

On 26 February 2024, EITA Resources Berhad conducted its second fully virtual 28th Annual General Meeting (AGM) through the Tricor Investor & Issuing Housing Services online platform. With a quorum in attendance, the meeting began at 11:00 am, led by our Non-Independent Non-Executive Chairman, Dato’ Siow Kim Lun. EITA Group

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Elevator maker Eita proposes bonus issue with free warrants

KUALA LUMPUR (Nov 18): Elevator manufacturer Eita Resources Bhd has proposed the issuance of bonus shares, together with free warrants, to reward its shareholders. The bonus issuance will be on the basis of one bonus share for each existing share held (one-for-one) on an entitlement date to be announced. As

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Eita Resources bags two contracts worth RM58m in Sarawak

KUALA LUMPUR (Jan 27): Eita Resources Bhd has secured two contracts worth a total of RM58.35 million for substation extension and reinforcement of supply at Mambong and Entinggan substations in Sarawak.  The projects, which will commence on Feb 7, were awarded by Sarawak Energy Bhd to Eita Resources’ 60%-owned unit

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EITA Resources leverages tech to lift profile

LOCAL elevator manufacturer EITA Resources Bhd is accelerating the use of technology and articial intelligence (AI) in its lifts to widen their market appeal amid the Covid-19 pandemic. EITA’s solution involves just a few taps of one’s smartphone to send the lift up or down. It is working on new

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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

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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

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