Gabungan AQRS bags RM31.85mil sub-contract works


KUALA LUMPUR: Gabungan AQRS Bhd’s wholly-owned subsidiary, Gabungan Strategik Sdn Bhd has secured sub-contract works worth RM31.85mil from Syarikat Muhibah Perniagaan Dan Pembinaan Sdn Bhd.

In a filing with Bursa Malaysia, Gabungan AQRS said the contract was for execution and completion of sewer pipes relining works under sub-package 2, open excavation and pipe jacking works for Klang and Kuala Langat in Selangor.

The sub-contract works are expected to commence on March 23, 2022, and to be completed by March 22, 2024.

This awarded job was expected to contribute positively to the group’s future earnings and net assets per share, Gabungan AQRS said.

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