Aneka bags RM16.1mil foundation works contract

KUALA LUMPUR: Aneka Jaringan Holdings Bhd has secured a RM16.1mil contract from Sterling Paradise Sdn Bhd for foundation works.

In a filing with Bursa Malaysia, Aneka said its wholly-owned subsidiary, Aneka Jaringan Sdn Bhd had accepted the letter of award from Sterling Paradise as a contractor to undertake the foundation works for two apartment blocks consisting of 748 units.

The commencement date of the contract will be on Jan 5, 2022. The contract shall be completed by Oct 4, 2022.

The contract is expected to contribute positively to Aneka’s consolidated earnings and net assets for the financial year ending Aug 31, 2022 and 2023, during the duration of the contract.