Pansar bags RM130mil contract

PETALING JAYA: Pansar Bhd’s wholly owned subsidiary, Perbena Emas Sdn Bhd, has won a construction contract worth RM129.99mil from Borneo Development Corp (Sarawak) Sdn Bhd (BDC).

In a filing with Bursa Malaysia, Pansar said Perbena accepted and signed the letter of acceptance from BDC for the tender of the proposed Sarawak Infectious Disease Centre at Sg Jernang, Samarahan (package one).

The scope of work included the construction and completion of the Sarawak infectious disease centre. The contract period is 30 months.

“The contract is expected to contribute positively to the earnings and net assets of the group as the project progresses during the contract period,” Pansar said.