Kerjaya Prospek secures RM227mil job

Analysts say that Kerjaya Prospek avoided seeking exposures to major public infrastructure projects such as MRT2, LRT3 and Pan Borneo Highway. Instead, the group focused on its niche of constructing high-rise buildings for private property developers

PETALING JAYA: Kerjaya Prospek Group Bhd, through its unit Kerjaya Prospek (M) Sdn Bhd, has clinched a RM227.3mil contract from Enduring Power Sdn Bhd to construct the main building for a proposed development project at Jalan Padang/Jalan Padang Walter Grenier, in Bukit Bintang.

In a statement, the construction outfit said the construction work would comprise of a single 27-storey apartment block and one 34-storey apartment block on top of a nine-storey podium car park.

“The contract shall commence on July 1, 2019, and be completed within 36 months from the commencement date,” it said in a filing with Bursa Malaysia.

It is the fourth contract secured by Kerjaya Prospek this year, bringing its year to date contract win to RM1.1bil.

This brings it close to meeting its internal target of RM1.2bil worth of contracts for 2019.

The company currently has a huge outstanding order book of RM3.5bil. — Bernama