Aneka Jaringan wins RM50.54mil piling and earthworks contract


Aneka Jaringan Holdings Bhd managing director Pang Tse Fui

KUALA LUMPUR: Aneka Jaringan Holdings Bhd’s wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, secured a RM50.54mil contract from Clement Chan Architect on behalf of Kuala Lumpur Metro Property Sdn Bhd.

In a filing with Bursa Malaysia, Aneka said the contract was to undertake earthworks, piling, and sub-structure works for a 62-storey mixed development on Jalan Sultan Ismail, Kuala Lumpur.

The contract starts on June 2, 2025 and is scheduled for completion by Dec 1, 2026.

Aneka expects the contract to contribute positively to its consolidated earnings and net assets for the financial years ending Aug 31, 2025, 2026 and 2027, during the duration of the contract.

“This award underscores our proven track record in handling complex, high-density urban developments. With a solid order book and our continuous focus on execution excellence, we are confident this project will further elevate our position in Malaysia’s construction landscape,” managing director Pang Tse Fui said in a statement.

The award raises Aneka Jaringan’s total project wins to RM150.06mil year-to-date as of May 15.

 

 

 

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

Next In Business News

Blacklisting is not a cure�
The material shift: From traditional to sustainable
Check the foundation before buying
Celebrating a new era of creativity at d Conference and d Awards 2025
HK bets future�on tech zone
Gold - glittering or flittering?�
Clarity, selectivity and patience urged
No love for Paris as Europe parties on
Stars aligned for Japan hedge funds
A healthy dose of Inno-vation

Others Also Read