KUALA LUMPUR: Pestech International Bhd’s wholly-owned subsidiary PESTECH Sdn Bhd has bagged a contract from the National Grid Corporation of the Philippines (NGCP) for the South Luzon Substations Upgrading Project 2.
In filing with Bursa Malaysia today, the construction engineering company said the total contract value was US$23.46 million (US$1= RM4.19) for the offshore portion and 710.76 million Philippine pesos for the onshore portion (1 Philippine peso = RM0.083).
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