G Capital unit wins RM648,000 contract for Kelantan water project


KUALA LUMPUR: G Capital Bhd’s (GCap) 51%-owned subsidiary, G Capital Water Solutions Sdn Bhd, has received a RM648,000 letter of award from Senie Associates Sdn Bhd to serve as the nominated non-revenue water (NRW) specialist for the Kelantan NRW Reduction Programme (Phase 2).

In a filing with Bursa Malaysia, GCap said the project, funded by the federal government through the Energy Transition and Water Transformation Ministry (PETRA), will run for five years starting Oct 17, 2025.

GCap Water Solutions’ scope of works includes flow measurement tests, leakage and hydraulic modelling, NRW auditing, and pre- and post-pipe replacement assessments.

“The project is expected to contribute positively to the earnings of the group with no material impact to the net assets of the group for the financial year ending Dec 31, 2025,” GCap said.

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

Next In Business News

PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
Johor a top regional hotspot
Flooring to beat Malaysia’s heat
URA: Why it deserves support
E-invoice exemption threshold up to RM1mil starting 2026, says PM
Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Majuhome� built to last
Genting’s high-stakes double-edged win

Others Also Read