KUALA LUMPUR: WZ Satu Bhd’s wholly-owned unit, WZS BinaRaya Sdn Bhd, has bagged a RM133.5mil subcontract job for the Gemas-Johor Baru electrified double track project from SIPP-YTL joint venture (JV).
In a filing with Bursa Malaysia yesterday, WZ Satu said the subcontract works were for the construction of bridges from Genuang to Paloh for the electrified double track project.
“WZS BinaRaya has accepted a letter of award from SIPP-YTL JV yesterday, and its scope of works covers from foundation to superstructure, which includes bored piling work, casting pilecap, pier, cross head, precast beam, deck slab and associated works,” it said.
WZ Satu said the project would commence from yesterday until May 17, 2020.
“The award is expected to contribute positively to the future earnings and net assets per share of the group for the financial years ending Aug 31, 2019 to Aug 31, 2020,” it added. — Bernama
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