Muhibbah Engineering wins RM120mil Penang LRT contract


KUALA LUMPUR: Muhibbah Engineering (M) Bhd has secured a RM120mil contract for works related to the Penang light rail transit (LRT) project.

In a filing with Bursa Malaysia, the group said it received a letter of award from Gamuda Industrial Building System Sdn Bhd for the design, supply, installation, testing and commissioning of noise barriers and enclosures under the LRT Pulau Pinang – Laluan Mutiara project.

The contract, under Package CMC1, Sub-Package CNB1, is scheduled to commence in April 2026 and is expected to be completed by the third quarter of 2030.

“The contract is expected to contribute positively to the earnings and net assets of Muhibbah during the contract period for the current and following financial years,” Muhibbah said.

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

Next In Business News

DKSH broader distribution, supply chain cost structure under pressure
New vessels to lift Orkim earnings prospects
Philippine bonds face extended slump
India more than doubles gold and silver tariffs
S’pore needs to attract AI giants, expand hub
Japan firm eyeing to invest RM39mil in M’sia
Earnings growth for 1Q26 to remain resilient
Tasco poised for recovery on freight gains
Malaysia positioned as ‘safe haven’ amid volatility
Dialog records stronger 3Q26 net profit, revenue

Others Also Read