PTT Synergy unit lands RM83.26mil contract in Klang


KUALA LUMPUR: PTT Synergy Group Bhd said its wholly-owned subsidiary Pembinaan Tetap Teguh Sdn Bhd has secured an RM83.26mil contract from Sime Darby Property (BBR Business Park) Sdn Bhd for proposed earthworks and ancillary works for Phase 1 Package 6 (i34), Package 7 (Main Linkage Road) and Package 8 (i26 & i28), Bandar Bukit Raja Stage 4, Kapar, in Klang, Selangor.

It said in a filing with Bursa Malaysia, the date for pre-possession falls on Sept 15, 2026, date for possession commences on Sept 29 ,2026, and date for completion shall be on Sept 28, 2027, and March 28, 2028 for Package 6 (Advance Unit for i34) and overall respectively.

It said the acceptance of the contract is in the ordinary course of business of PTT Synergy. 

"Further, it is also carried out at arm's length and based on commercial terms which are not more favourable than those available to the general public," it added.

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PTT Synergy , property

Next In Business News

Mercedes-Benz Malaysia targets 17 new models for 2027, sees rising demand for EV
Bursa Malaysia ends lower ahead of FOMC decision amid higher oil prices
Ni Hsin unit to supply RM2.76mil EVs to Alam Flora
Frontken unit expands via RM118.16mil acquisition
Wall St futures slip as rising oil, Treasury yields compound AI anxiety
UUE Holdings forms JV for power grid infrastructure business
YTL Power and Ganda Power secure four additional Siemens Energy gas turbine units
Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns
UK jobs market stays soft before BoE rate call
NCER targets RM470bil investment realisation by 2030

Others Also Read