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NewsIFCA MSC bags property management contract worth RM3.4 mil
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IFCA MSC bags property management contract worth RM3.4 mil
by Cals Thu 12 Mar 2015, 01:04
IFCA MSC bags property management contract worth RM3.4 mil
By Ahmad Naqib Idris / theedgemarkets.com | March 11, 2015 : 7:10 PM MYT
KUALA LUMPUR (March 11): [size=14]IFCA MSC Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) announced it has received a letter of award from Rangkaian Hotel Seri Malaysia Sdn Bhd for the supply of a property management solution worth RM3.39 million, excluding the annual maintenance fee.
In a filing with the exchange, IFCA (fundamental: 3; valuation: 1.5) said the contract is for 22 sites located in Malaysia.
“The contract is not expected to have any material effects on the share capital and shareholding structure of the company.
“However, it is expected to have positive contribution to the earnings per share and net assets per share of IFCA for the financial year ending 2015,” said the company.
IFCA closed unchanged at RM1.34 today. Its market capitalisation was RM700.14 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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By Ahmad Naqib Idris / theedgemarkets.com | March 11, 2015 : 7:10 PM MYT
KUALA LUMPUR (March 11): [size=14]IFCA MSC Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) announced it has received a letter of award from Rangkaian Hotel Seri Malaysia Sdn Bhd for the supply of a property management solution worth RM3.39 million, excluding the annual maintenance fee.
In a filing with the exchange, IFCA (fundamental: 3; valuation: 1.5) said the contract is for 22 sites located in Malaysia.
“The contract is not expected to have any material effects on the share capital and shareholding structure of the company.
“However, it is expected to have positive contribution to the earnings per share and net assets per share of IFCA for the financial year ending 2015,” said the company.
IFCA closed unchanged at RM1.34 today. Its market capitalisation was RM700.14 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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