Pansar secures RM269mil utility 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. It is expected to contribute positively to the earnings and net assets of the group as the project progresses during the contract period.