Widad's unit secures RM90mil water treatment plant upgrade job in Kedah


KUALA LUMPUR (Bernama) -- Widad Group Bhd's wholly-owned subsidiary Widad Builders Sdn Bhd has secured a contract worth RM89.8 million from the Kedah government to upgrade the Sungai Limau water treatment plant in Baling.

In a filing with Bursa Malaysia today, the group said the contract commences from Mei 2, 2021 to Oct 28, 2023.

It said the project will not have any impact on Widad’s issued share capital and substantial shareholders’ shareholdings, but it is expected to contribute positively to the group's earnings and net assets.

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