Aneka Jaringan wins RM53mil logistics hub job


PETALING JAYA: Aneka Jaringan Holdings Bhd has accepted a letter of award from Grand Dynamic Builders Sdn Bhd for the proposed construction of a new logistic hub in Shah Alam, Selangor worth RM53mil.

In a filing with Bursa Malaysia, Aneka Jaringan said the contract would entail bored piles works and pre-cast reinforced concrete piles works to the logistic hub, for Messrs Strategic Sonata Sdn Bhd.

“The sub-contract will not have any effect on the share capital and shareholding structure of the company.

“The sub-contract, however, is expected to contribute positively to Aneka Jaringan’s consolidated earnings and net assets for the financial years ending Aug 31, 2024 and Aug 31, 2025, during the duration of the sub-contract.”

Aneka Jaringan said it does not foresee any exceptional risks other than the normal operational risks associated with the sub-contract.

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

Next In Business News

IJM acquires 50% stake in JRL Group to boost UK presence
ZUS Coffee to add 200 Southeast Asia stores in Starbucks duel
‘Made in Malaysia’: Sellers bombarded with ways to evade tariffs
Retailers up effort to help out exporters
Chinese customers are rejecting new jets due to tariffs, Boeing confirms
Toyota's March overseas sales hit record peak as US buyers rush ahead of tariffs
Oil steadies after 2% drop on potential Opec+ output increase
Steel Hawk unit bags PETRONAS Carigali contract
Unisem posts lower net profit in 1Q
FBM KLCI pushes higher from 1,500

Others Also Read