KUALA LUMPUR: Minetech Resources Bhd has secured a construction contract worth RM4.4mil from GLM Emerald Square (Cheras) Sdn Bhd.
In a filing with Bursa Malaysia, the mining group said its wholly owned subsidiary, Minetech Construction Sdn Bhd (MCSB), had accepted a letter of award from GLM Emerald.
Minetech said the contract was for the construction of external infrastructural and associated works for the proposed Emerald 9 Cheras development in Selangor.
The project is expected to commence on April 1 and shall be completed by Nov 30, 2022.
“The project is expected to contribute positively to the revenue, earnings and net assets of the company and its subsidiaries for the financial year ending March 31, 2023,” Minetech said.