Aneka Jaringan wins RM53.4mil piling contract


PETALING JAYA: Aneka Jaringan Holdings Bhd (AJHB) has secured a RM53.35mil contract from EDP Consulting Group Sdn Bhd, on behalf of IOI Rio Mall Sdn Bhd, IOI Hospitality Sdn Bhd and IOI Rio Towers Sdn Bhd for bored piling works at the Rio City Town Centre development in Selangor.

In a filing with Bursa Malaysia, AJHB said the contract commenced on Oct 20, 2026, and will expire on Aug 19, 2027.

The commencement date was agreed between AJHB via its wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, and the employer and was adopted during the final negotiation to ensure that the delivery of works will not be delayed.

“The contract is expected to contribute positively to AJHB’s consolidated earnings and net assets for the financial year ending Aug 31, 2027, over the duration of the contract,” AJHB added.

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