An artist impression of Mulia Group's Signature Tower in Tun Razak Exchange. It will count among Malaysia's tallest buildings when completed in 2018. It has a gross development value of more than RM3.5bil and will have 92 storeys
KUALA LUMPUR: AWC Bhd’s unit Qudotech Sdn Bhd has been awarded a contract worth RM18.15mil by Mulia Property Development Sdn Bhd to install and maintain the cold water and plumbing works for the RM3.5bil, 92-storey Signature Tower, which will be the tallest building at the Tun Razak Exchange (TRX) in Jalan Tun Razak/Jalan Davis.
The engineering services provider, which specialises in areas such as integrated facilities management, said in a statement that the contract would span 28 months with a targeted completion date of Sept 15, 2018.
“This project win coupled with other recent contract awards such as the KL118 project, the PNB 1194 (MAS Building) project and all existing projects already being implemented by Qudotech will increase AWC’s plumbing order book to approximately RM130mil,” AWC said.
Signature Tower, reported to be about 30 ft short of the Petronas Twin Towers’ 1,482 ft, is owned by Indonesia’s commercial property developer Mulia Group.
Commenting on the award of this Project, AWC managing director and group CEO Datuk Ahmad Kabeer Nagoor said: “The Signature Tower project and our other recent project wins by our plumbing division will further strengthen our foothold as a premier plumbing contractor for premium high end developments. It also serves as an acknowledgment that we are equipped with appropriate operational and engineering know-how that gives us a significant competitive advantage in this highly competitive industry.”
AWC shares shed 2.5 sen to close at 70 sen on Monday, with 7.718 million shares changing hands.
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