KTB unit secures contract worth RM26.44mil

KUALA LUMPUR: Konsortium Transnasional Bhd’s (KTB) wholly owned subsidiary, Transnational Builder Sdn Bhd has secured a RM26.44mil contract from United Allied Development Sdn Bhd.

In a filing with Bursa Malaysia, KTB said the contract was for the piling, building works, internal infrastructure, and external infrastructure works of 59 units of shophouses at PT10687, Mukim of Bidor, Daerah Batang Padang, Perak.

The contract period is 24 months from Dec 9, 2021 to Dec 8, 2023.

“The contract is expected to contribute positively to the earnings of the company for the financial years ending Dec 31, 2021 and onwards,” KTB said.

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