Ibraco’s order book up with Sarawak road project

PETALING JAYA: Ibraco Bhd’s subsidiary Ibraco Construction Sdn Bhd’s RM529.8mil contract win from Public Works Department (JKR) Sarawak for the construction of a second trunk road is viewed positively by TA Research.

The research house said the secured contract demonstrated Ibraco’s track record as a key player in Sarawak’s construction industry and its commitment to maximising shareholder returns.