Pintaras Jaya unit seals eight new piling deals

PETALING JAYA: Pintaras Jaya Bhd’s wholly-owned Singapore subsidiary, Pintary International Pte Ltd and via its wholly-owned subsidiary, Pintary Foundations Pte Ltd, has secured eight new piling contracts in aggregate worth approximately RM160mil.

In a filing with Bursa Malaysia, Pintaras Jaya said these projects have commencement dates starting from April 2023 to December 2023 and contract periods ranging from three to 12 months.

“These contracts are expected to contribute positively to the group’s financial year 2024 earnings,” it said.

“None of the directors or substantial shareholders or persons connected to the directors or substantial shareholders has any interest, directly or indirectly in the said contracts,” it said.