Aneka Jaringan wins RM39mil job


PETALING JAYA: Aneka Jaringan Holdings Bhd has accepted a RM39mil contract from GDP Architects Sdn Bhd on behalf of Murni Lapisan Sdn Bhd to undertake earthworks, piling, pile caps and contiguous bored piling works for a mixed-use development in Pantai Sentral, Kuala Lumpur.

In a filing with Bursa Malaysia, the company said the contract will commence on Nov 7, 2024 and be completed on March 6, 2026.

“The contract is expected to contribute positively to Aneka’s consolidated earnings and net assets for the financial year ending Aug 31, 2025 (FY25) and FY26 during the duration of the contract.”

Aneka Jaringan said it does not foresee any exceptional risks other than the normal operational risks associated with the contract.

“The company will take the necessary steps to mitigate the risks. The contract is in the ordinary course of business and is not subject to the approval of Aneka’s shareholders,” it said.

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

Next In Business News

XL Holdings auditor resigns over audit fees
Cuscapi proposes 10% private placement to raise working capital
Cypark returns to profitability with strong 1Q27 results
KESM returns to profit in FY26 on stronger AI chip demand
ETA Group bags RM130.2mil related-party construction contracts
MARC Ratings assigns preliminary AIS rating to Winstar's RM300mil sukuk programme
Malaysia to grow 4.7% in 2026, Southeast Asia outlook brightens
Carimin Petroleum acquires 5.8% stake in Sealink for RM9.89mil
Ringgit closes slightly higher against US dollar amid cautious sentiment
Sum Technology to acquire 51% stake in INI Technologies for RM2mil

Others Also Read