Mudajaya bags RM220mil Petronas contract


KUALA LUMPUR: Mudajaya Group Bhd has bagged a RM220mil contract for the engineering, procurement, construction and commissioning of warehouses and workshops for Petroliam Nasional Bhd’s (Petronas) Rapid project in Pengerang, Johor.

The construction and property development firm told Bursa Malaysia that its unit, Mudajaya Corp Bhd, received the contract on Dec 11 from Petronas’ subsidiary PRPC Utilities and Facilities Sdn Bhd to undertake the works.

It said the job was targeted to be fully completed by January 2018, with a construction period of 25 months from the date of the contract.

None of the directors or major shareholders of Mudajaya or persons connected with them has any direct or indirect interest in the contract.

Mudajaya shares gained 13 sen to close at RM1.17 on Tuesday.

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