Kerjaya Prospek secures RM155m Cyberjaya construction job


As the value of the company is tied to the performance of the company, it is in the interest of the warring shareholders to argue and fight outside the company.

KUALA LUMPUR: Kerjaya Prospek Group Bhd's construction unit has received a RM155mil contract from Aspen Entity Sdn Bhd, a wholly owned subsidiary of HCK Capital Group Bhd, to undertake building works for a proposed development in Cyberjaya, Selangor.

In a filing to the stock exchange, the group said the award to Kerjaya Prospek (M) Sdn Bhd entails the construction of the main building the development comprising two 11-storey blocks of service suites and one 25-storey block of service suites, car park podiums, common areas and facilities.

The contract commences on March 1, 2019 for a period of 24 months until competion. 

The job win is Kerjaya Prospek's first for 2019 and brings its total outstanding order book to about RM3.1bil.

"The Group is excited to have won this contract from HCK, and it demonstrates the Group’s success in securing construction contract during challenging time," said Kerjaya executive chairman Datuk Tee Eng Ho.

Kerjaya Prospek last traded at RM1.23 a share on the back of 131,400 units exchanging hands.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Fajarbaru wins RM252mil contract from WCT
Axis-REIT disposes of property in Johor for RM162mil
Data centres make up the bulk of RM144.7bil in approved digital investments
Tengku Zafrul: 2,214 EV Charging stations installed, Miti maintains 10,000 target by 2025
FBM KLCI closes at highest in 2 years
Country Garden allowed to postpone first payments on three onshore bonds
Thai c.bank says intervenes to ease baht volatility, policy rate 'robust'

Others Also Read