PETALING JAYA: PTT Synergy Group Bhd
has accepted a letter of award (LoA) from Sime Darby Property (BBR Business Park) Sdn Bhd in respect of the proposed construction and completion of earthworks and ancillary works for Phase 1 Package 3 (i30-1, i30-2 & i30-5), Bandar Bukit Raja Stage 4, Klang, Selangor, worth RM35.88mil.
PTT said in a Bursa Malaysia filing the LoA will not have any effect on the share capital and substantial shareholders’ shareholding of the company for the financial years ending June 30, 2026 to June 30, 2028.
“The LoA is not expected to have any material effect on the net assets of PTT and its group of companies for the financial years ending June 30, 2026 to June 30, 2028. The LoA is expected to contribute positively to PTT group’s future earnings over the duration of the deal.
PTT is principally involved in construction, property development, and warehouse and logistics.
