KUALA LUMPUR: Plytec Holding Bhd
's wholly-owned subsidiaries PLYTEC Formwork System Industries Sdn Bhd and Sudut Swasta Sdn Bhd have secured multiple sales contracts with a combined value of RM22.1mil.
In a statement, the construction and building materials group said it had bagged a RM10mil sales contract from Eng Han Engineering Sdn Bhd to supply the shoring system and aluminium formwork for the Mitraland warehouse project and Sky88 Residences @ Bundusan.
It also received a RM3.8mil sales contract from Neston Builders Sdn Bhd for the supply of a shoring system for construction of the Kuchai Sentral phase 2 mixed development project.
A RM7.2mil contract was accepted from Allied Engineering Construction Sdn Bhd and URC Engineering Sdn Bhd for the supply of the shoring system for two commercial projects and Bamboo Hills Residences.
Finally, a RM1.1mil sales contract was received from Alphazen Contract Sdn Bhd to supply the shoring system for the construction of Gamuda Land’s
first hotel project, ASAI Gamuda Cove.
"We look forward to successfully execute these projects this year and continue to build on our strong track record of excellence," said group managing director and CEO Yang Kian Lock.
He added that demand for the group's temporary works equipment will remain robust as the Construction Industry Development Board implemented stricter standards and requirements through CIS 22:2021 and CIS 23:2021 for the safe use of scaffolding and falsework on construction sites, as well as CIS 24:2023 for the Industrialised Building System.
"This regulatory order highlights the importance of safety in our industry and aligns perfectly with our mission to deliver topnotch, compliant solutions under the Fourth Schedule of Act 520," he said.
