Gabungan Strategik signs new agreement with MRCB George Kent

KUALA LUMPUR: Gabungan AQRS Bhd's (GBGAQRS) wholly-owned unit, Gabungan Strategik Sdn Bhd, has signed an agreement with MRCB George Kent (MRCBGK) in respect of package GS04 of the Light Transit Rail 3 (LRT3) project.

In an announcement on Bursa Malaysia today, GBGAQRS said MRCBGK has been appointed as a turnkey contractor as a result of the change from a project delivery partnership to a turnkey contract, pursuant to a contract between Prasarana Malaysia Bhd and MRCBGK.

“Package GS04 has been revised and the new contract price is RM709.8 million, while the revised completion date is Nov 30, 2023,” it said. - Bernama

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