Epicon wins RM89mil Perak building contract


PETALING JAYA: Epicon Bhd has secured a contract worth RM89.1mil for a housing project in Sungai Terap in Kinta, Perak, via its wholly owned subsidiary, Transnational Builder Sdn Bhd, effectively raising the group’s outstanding order book to RM929mil.

In a filing with Bursa Malaysia, the company, formerly known as Konsortium Transnasional Bhd, said the letter of award from Syarikat Majuperak Bhd was for the main building works of 601 units of single-storey terrace houses and four units of electrical substations under a Rumah Perakku development.

“Upon the awarding of this new contract, the company’s total outstanding order book has risen to RM929mil from the previously stated RM840mil in the announcement made on March 18, 2024,” Epicon said.

The company disclosed that the contract was for a period of 30 months commencing on March 27 this year. It is scheduled for completion on Sept 26, 2026.

“The contract will not have any effect on the issued share capital of Epicon and on the substantial shareholder’s shareholdings of Epicon,” the group said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Economic growth in 2025 to be driven by domestic demand, investments - Alliance Bank
Malaysian palm oil to trade around RM4,000/T in 2025, says Mistry
Unitrade's unit to acquire 51% stake in KSMSB for RM42mil
Axis-REIT optimistic about future growth
Ringgit weakens against US dollar on profit-taking, policy jitters
SC reassures stakeholders on monitoring take-over offer compliance
Sime Darby Property signs five anchor tenants for KLGCC Mall
Censof secures RM4.27mil contract from KWAP
YTL Corp proposes 2.26 billion warrant bonus issue, targets up to RM3.4bil proceeds
Citaglobal clinches RM36.26mil in Kuching transportation deals

Others Also Read