Pestech secures TNB contracts worth RM280.89mil


In a filing with Bursa Malaysia yesterday, Pectech said it had received a letter of award from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd (YTL), under a consortium between SIPP Rail Sdn Bhd and YTL joint venture. It said the contract is related to the electrification system for the electrified double track from Gemas to Johor Baru.

PETALING JAYA: Pestech International Bhd’s unit has secured two contracts from Tenaga Nasional Bhd (TNB) for a power plant in Kedah and the laying of an underground cable in Kuala Lumpur worth a combined sum of RM280.89mil.

In a stock exchange filing, the group said the wholly-owned subsidiary, Pestech Sdn Bhd, had received the RM168.39mil contract for the PMU Junjung 500/275kV power plant.

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