PETALING JAYA: ES Sunlogy Bhd’s wholly-owned subsidiary, Savelite Engineering Sdn Bhd, has accepted a letter of award (LOA) from China State Construction Engineering (M) Sdn Bhd valued at RM107.5mil.
Savelite is primarily involved in the electrical industry while China State are contractors.
In a filing with the local bourse, ES Sunlogy said the project will involve main contract and sub- contract works for a building in Johor.
This will include the supply, delivery, installation, testing, commissioning and maintenance of air conditioning and mechanical ventilation works, smoke control system, electrical system and extra low voltage cable support system (ELV).
According to the group, the sub-contract commenced on Feb 18, 2026 and will continue until Nov 30, 2026.
ES Sunlogy said the contract is in its best interest and they will take necessary steps to mitigate the risks as and when they occur.
“The LOA by Savelite to undertake the sub-contract works is expected to contribute positively to the net assets per share, earnings per share and gearing of the company.”
