Fajarbaru wins cargo terminal upgrade job from Pos Aviation

KUALA LUMPUR: Fajarbaru Builder Group Bhd has secured a RM29.52mil contract from Pos Aviation Sdn Bhd to renovate and refurbish its tenancy area at the KL International Airport’s (KLIA) cargo terminal.

In a filing with Bursa Malaysia, the construction group said its wholly owned subsidiary, Fajarbaru Builder Sdn Bhd, had accepted the letter of acceptance for the job from Pos Aviation, a unit of Pos Malaysia Bhd that provides aviation ground-handling services.

Fajarbaru said the contract period spanned 32 weeks - from May 22 to Dec 29, 2017.

It added that the contract was expected to contribute positively to the earnings and net assets of the group for the financial years ending June 30, 2017 and 2018.