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

Ringgit opens slightly higher against US$ as risk-on mode emerges
Bursa Malaysia snaps three-day rout as US inflation dips below estimates
Trading ideas: MAHB, Gamuda, Southern Score, SC Estate Builder, KJTS, Sunview, Colform, Poh Kong, VS Industry, AZRB, Rexit
Gamuda signs major �500mil loan facility for London office redevelopment
Oil rises on US crude draw, Russia sanctions
Wall St surges as inflation data, bank earnings fuel rally
Colform aims for RM41mil from its IPO
SSBB bags RM78mil contract
Titijaya sees growing demand for ToD projects
Gobind in Bangkok to attend AI event

Others Also Read