Kerjaya Prospek secures RM211.6m construction job


Its job scope for the contract involves supplying concrete cement and metal for the upgrading of the Train Cargo Terminal at Padang Besar, Perlis, Dolphin said in a filing with Bursa Malaysia.

KUALA LUMPUR: Kerjaya Prospek (M) Sdn Bhd has received a RM211.6mil contract from PPB Group Bhd's unit to undertake construction works for a proposed mixed development in Sungai Buloh, Petaling Jaya.

It said in a statement that the letter of award received from PPB Hartabina Sdn Bhd is for the construction of main building and external works for the project comprising a 31-storey service apartment, a nine-storey car park podium with common facilities, four-storey office/commercial units with two levels of basement car park and commercial units.

The contract period is from Dec 8, 2018 to June 8, 2021.

"This is our first project with PPB Group Berhad and we are delighted to have secured this contract despite the tepid outlook for construction and property sectors. 

"This is an expansion of the Group’s current customer base and the job increases our order book, providing an additional stream of revenue over the next three years,” said Kerjaya Executive Chairman Datuk Tee Eng Ho.

Including this contract, the group's current outstanding order book stands at about RM3.08bil. Year to-date, the group has contracts valued at RM989.8mil in its portfolio.
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Era of easy money ends for South Korea
Chicago wheat closes the year losing ground to rivals
US banks warn of recession amid rising inflation
Dollar to rebound, boost safe-haven strength
Activist investor calls on BlackRock to oust CEO over ESG
Australia GDP growth slows despite household resilience
Paramount CEO hints at Showtime changes
California offshore wind firms show caution
Thong Guan on track to raise Europe market share
Optimistic outlook for utility sector

Others Also Read