AWC gets RM20mil job from Gamuda


PETALING JAYA: AWC Bhd has accepted a letter of award from Gamuda Engineering Sdn Bhd for the construction of water harvesting and sewerage services among others in Gombak, Selangor, worth RM19.9mil.

In a filing with Bursa Malaysia, AWC said the sub-contract was secured by its wholly-owned subsidiary, Qudotech Sdn Bhd, adding that works would commence from Sept 2, 2024 and completed by Nov 18, 2025.

“The sub-contract works are in the ordinary course of business of Qudotech.

“The potential risks involved in these sub-contract works are considered normal operational risks and are the same with any other works of such nature undertaken.”

The company said the sub-contract is expected to contribute positively to the earnings of the AWC Group over the duration of the works.

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

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Wawasan Dengkil's 2Q net profit falls due to revision of project costs

Others Also Read