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.