Pansar gets RM269mil water treatment plant contract


PETALING JAYA: Pansar Bhd has received a letter of award from Lembaga Air Sibu, Sarawak for the upgrading of a water treatment plant in Salim, Sibu, worth RM269.1mil, via open tender.

In a filing with Bursa Malaysia, Pansar said the scope of work includes civil, structural, mechanical and electrical works for the construction, completion and commissioning, and all the required works for the upgrading of the Salim water treatment plant from 150 megaliters per day (mld) to 300 mld.

“The contract period is 30 months and the project is scheduled to commence in May 2024. The contract is expected to contribute positively to the earnings and net assets of the group as the project progresses during the contract period.

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

Next In Business News

Matrix Concepts completes fourth round of food aid programme
Stocks wobble, dollar tips as Trump-Fed feud deepens
AIBIM appoints Rafe Haneef as president
Foreign investors turn net buyers with RM42.5mil equities inflow last week
Trading in Sunway, IJM shares suspended pending anouncement
FBM KLCI maintains rally as risk appetite improves
Trading ideas: Capital A, Iconic, UEM, MMAG, Meta Bright, KKB, Global Oriental, Reneuco, ITMAX, Insights Analytics
Ringgit opens marginally lower as US policy repricing lifts DXY
JPMorgan poised to profit from Maduro arrest
Malaysia can rest easy for now

Others Also Read