PETALING JAYA: Minetech Construction Sdn Bhd (MCSB), a wholly owned subsidiary of Aizo Group Bhd – formerly known as Minetech Resources Bhd, has clinched a letter of award from China State Construction Engineering (M) Sdn Bhd to undertake external infrastructure works in Jalan Pantai Dalam, Kuala Lumpur.
With a contract sum of RM24.07mil, MCSB was appointed as the subcontractor for the phased development project, the “Cadangan Pembangunan Berfasa di atas Lot PT 50001”.
The project comprises three high-rise residential towers and supporting infrastructure, including car parking, resident facilities, a swimming pool as well as a rooftop mechanical area.
In a filing with Bursa Malaysia, Aizo stated that the contract is expected to contribute positively to the group’s revenue, earnings and net assets for the financial year ending from June 30, 2025 to June 30, 2027.
