Prestar group managing director Datuk Toh Yew Peng said the agreements and contracts are expected to contribute positively towards the future earnings of the company and the group for the financial years ending Dec 31,2020 and 2021, or until the expiry of the respective agreements and the contracts.
PETALING JAYA: Steel products and equipment maker Prestar Resources Bhd
has secured RM80mil worth of contracts to supply guardrails and accessories for the development and upgrading of the proposed Pan Borneo Highway in Sarawak.
In a statement yesterday, the company said its wholly-owned subsidiary Prestar Engineering Sdn Bhd (PESB) had entered into two supply agreements with Pansar Co Sdn Bhd and was also awarded the contracts from LTC West Gate Sdn Bhd and Kemakmuran 2000 Sdn Bhd to supply and deliver guardrails and accessories for the Pan Borneo Highway project.
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