Vertice wins RM100mil LRT3 contract

Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

PETALING JAYA: Construction firm Vertice Bhd’s wholly owned subsidiary has won a RM100mil job related to the construction of the light rail transit 3 (LRT3) project.

In a filing with Bursa Malaysia, Vertice said its unit Vertice Construction Sdn Bhd had accepted a sub-contract offer from Reaplite Industry Sdn Bhd, which is the main contractor for the LRT3 precast viaduct (u-trough firder).