PETALING JAYA: PRG Holdings Bhd
’s Singapore unit has secured two contracts worth RM20mil in Singapore.
In a filing with Bursa Malaysia, PRG said Measurement & Verification Pte Ltd, a wholly-owned subsidiary of Furniweb Holdings Bhd, which in turn is a 50.45%-owned subsidiary of PRG, had accepted the contracts from Obayashi Singapore Pte Ltd and Marina Bay Sands Pte Ltd.
PRG expects the contracts to contribute positively to its consolidated earnings and net assets for the financial year ending Dec 31, 2023 onwards.
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