Pintaras unit in Singapore secures six piling contracts worth RM192mil

KUALA LUMPUR: Pintaras Jaya Bhd's (PJB) wholly-owned subsidiary in Singapore, Pintary International Pte Ltd, has secured six new piling contracts worth about RM192 million (S$59 million) in total.

PJB said the contracts were secured through Pintary International's wholly-owned subsidiary, Pintary Foundations Pte Ltd.

"These projects have commencement dates from October 2022 with contract periods ranging from three to 18 months.

"It is expected to contribute positively to the PJB group's financial year 2023 (FY2023) earnings," it said in a filing with Bursa Malaysia. - Bernama