The facilities and project management company told Bursa Malaysia that its unit Edgenta Propel Bhd (formerly Projek Penyelenggaraan Lebuhraya Bhd) would undertake the contract for the maintenance of Zone 3 state roads in Selangor from Feb 1 next year to Jan 31, 2021.
The statement did not elaborate on the locations of Zone 3 in the state.
The contract is expected to contribute positively to the group’s future earnings and net assets per share.
UEM Edgenta is 70.68% owned by UEM Group Bhd, according to its latest annual report.
UEM Edgenta shares shed 4 sen to close at RM3.29 on Monday.
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