ITMAX Stock Forum

• ITMAX System Bhd (ITMAX) announced on Monday that it has been appointed by the Segamat Municipal Council (MPS) to operate 7,637 street parking in Johor's Segamat district, marking its fourth such contract in the state. (TheEdge, 23 Sept)
• The 15-year contract will allow ITMAX's 65%-owned subsidiary secure 70% of the revenue from parking collections and parking compounds under a revenue sharing model, while MPS will receive the remaining ...

Market Marks a Weaker Session Compared to Last Friday
Today’s session was weaker than the last trading day, with the Market Momentum Tracker falling into negative territory. Despite this, the short-term breakout count remains positive, with more breakouts than breakdowns.
However, the long-term trend still sits in negative territory, indicating that breakdowns continue to outnumber breakouts over a longer time frame. Most stocks retraced today followi...

ITMAX System (ITMAX) through one of its subsidiary, has been appointed by the Tangkak District Council to serve as the smart parking operator, overseeing 5,113 street parking bays. The operation will follow a revenue-sharing model with the company receiving 70% of the revenue generated from parking and compound collection. The contract will take effect on 1st September 2024 and last for a period of 15 years. (The Star, 13th September)
ITMA...