KUALA LUMPUR: Citaglobal Bhd
's wholly-owned subsidiary Citaglobal Engineering Services Sdn Bhd has secured a RM47.56mil job for construction works for Package 8 of the Simpang Pulai–Gua Musang–Kuala Berang road project from Kampung Jeneris to Kuala Telemong (Phase 2 and 3) in Hulu Terengganu, Terengganu.
In a filing with Bursa Malaysia, the group said the scope of the contract includes the proposed construction and completion of earthworks, pavement, drainage works, road furniture and geotechnical works.
It said the date of commencement of the subcontract work is on Oct 7, 2024, with a duration of 12 months.
"The sub-contract is expected to contribute positively to the future earnings and net assets per share of the company for the financial years ending Dec 31, 2024, and Dec 31, 2025," it said.
