PETALING JAYA: Aneka Jaringan Sdn Bhd, a full subsidiary of Aneka Jaringan Holdings Bhd, has secured a contract to undertake the earthwork, piling and sub-structure works from Kuala Lumpur Metro Property Sdn Bhd, worth RM50.54mil.
The job will be for the construction of a 62-storey serviced apartment block and hotel at Jalan Sultan Ismail, Kuala Lumpur.
Aside from serviced apartment units and hotel amenities, the premise will also house a gym, restaurants, commercial lots, as well as car parks.
The project is set to commence on June 2, and scheduled to be completed on Dec 1, 2026.
Aneka Jaringan Holdings, in a filing with Bursa Malaysia, said it expects the project to contribute positively to the group’s consolidated earnings and net assets for the financial years ending Aug 31, 2025, 2026 and 2027, during the duration of the contract.