KUALA LUMPUR: PRG Holdings Bhd’s indirect wholly-owned subsidiaries, Measurement & Verification Sdn Bhd (M&V) and Measurement & Verification Pte Ltd (M&V SG) have to date secured contracts worth a cumulative amount of RM128mil.
PRG, in a statement, said the contracts are expected to contribute positively to the consolidated earnings of PRG over the next three years.
“To date our combined contract wins are approximately RM128mil with RM38mil secured from January to May 2023. This includes jobs from an integrated resort, data centres and variation orders from existing projects in Singapore and Malaysia. This positions us as one of the market leaders in the local energy efficiency scene,” PRG executive vice chairman Datuk Lua Choon Hann said.
“As we move forward, we are confident that these recent achievements will pave the way for even more positive results for the group as we ride the green economy theme,” he added.
M&V has been actively tendering for contracts since the gradual recovery of Malaysian economy from Covid-19 in an effort to expand its business in Malaysia after achieving success in Singapore.