Varia unit bags RM334.69mil contract for Johor River flood mitigation project

KUALA LUMPUR: Varia Bhd's wholly-owned subsidiary Pembinaan Teguh Sdn Bhd has secured a contract from Ikatan Harmoni Sdn Bhd for Phase 1, Package 1 of the Johor River flood mitigation project in Kota Tinggi, Johor.

In a filing with Bursa Malaysia, the group said the contract, valued at RM334.69mil, involves the construction of the flood reservoir pool and related works.