Pintaras Jaya's Singapore subsidiary bags two piling projects valued at RM175mil

KUALA LUMPUR: Pintaras Jaya Bhd via its subsidiary in Singapore has secured two piling projects valued at about RM175mil (S$53mil).

In a filing with Bursa Malaysia, the group said the projects are set to commence in November 2023 with construction period of four and 30 months.

This brings the aggregate value of piling projects secured by PF to date for FY25 to about RM242mil (S$73mil).

The contract, which was received by Pintary Foundations Pte Ltd, a unit of Pintaras Jaya subsidiary Pintary International Pte Ltd, is expected to contribute positively to the group's FY25 earnings.