MGB bags RM172.34mil contract, boosts orderbook to RM2.21bil


KUALA LUMPUR: MGB Bhd’s wholly owned subsidiary, MGB Construction & Engineering Sdn Bhd has secured a construction contract worth RM172.34mil in Dengkil, Selangor.

The construction engineering company, in a filing with Bursa Malaysia, said the contract was awarded by Kita Sejati Sdn Bhd via Blee & W Architects Sdn Bhd.

MGB said the contract is for the construction of two blocks of 24-storey service apartments comprising 843 units and 211 affordable units.

It also includes one block of 8-storey with a facility at ground floor and 7-storey podium car park, guard house and refuse chamber.

“The contract will increase and enhance the existing order book of the company and its group of companies. With the contract in hand, the group’s current outstanding orderbook is approximately RM2.21bil,” MGB said.

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