Mitrajaya's unit secures RM151.99mil contract from NCIA

KUALA LUMPUR: Mitrajaya Holdings Bhd (MHB) secured a contract from the Northern Corridor Implementation Authority (NCIA) to construct Phase 2A of the Kedah Science and Technology Park in Bukit Kayu Hitam, Kedah for RM151.99 million.

In a filing with Bursa Malaysia today, the construction firm said the contract was secured via its wholly owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, and is for a duration of 24 months from the date of commencement on Aug 20, 2024.

MHD added that the contract is expected to contribute positively to its earnings and net assets for the financial years ending Dec 31 in 2025 and 2026. - Bernama