Taliworks secures contract worth RM293.86mil

KUALA LUMPUR: Taliworks Corp Bhd has secured a RM293.86mil contract from Pengurusan Air Selangor Sdn Bhd (Air Selangor).

In a filing with Bursa Malaysia, Taliworks said the contract was for the development of Sg. Rasau water treatment plant and water supply scheme (Phase 1) Package 3 in Selangor.

“The scope of works comprises of designing and building of the proposed new Bukit Lipat Kajang booster station, reservoirs and associated works including civil, structural and building works, pumping plant mechanical works, electrical works, instrumentation, controls and automation (ICA) works and building services,” it said.

Taliworks said the completion date for the works shall be on Dec 31, 2024, or 36.5 months from the date of the possession of the site on Dec 15, 2021.

The contract is expected to contribute positively to Taliworks’ earnings and net assets for the duration of the contract.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Taliworks , Air Selangor


Next In Business News

CPO futures likely to undergo technical correction next week
Econpile issues termination notice to Gabungan Strategik
Intel's US$20bil Ohio factory could become world's largest chip plant
Shrunken US oil inventories point to chronic under-supply
Royal Dutch no more - Shell officially changes name
Oil price slides, but climbs for 5th week on supply concerns
GLOBAL MARKETS-Bond yields tumble as Netflix fuels stock market sell-off
Rising interest rate fallout unlikely
Policy normalisation can lend support to ringgit
Short Position - Green bond, O&G funding, Going the EV way

Others Also Read