PETALING JAYA: SLGC Bhd has secured an engineering, procurement and construction contract from ALH Construction Sdn Bhd worth RM50.24mil.
In a filing with Bursa Malaysia, the company said the contract involves the design and build of detached industrial factories with associated infrastructure works in Kuala Langat, Selangor.
“The scope also includes the design and engineering services, procurement of materials, equipment and systems, construction, installation, statutory submissions and approvals allocated to SLGC, and other related works expressly specified in the contract.”
SLGC added that the contractual period for completion is 30 months from the date of commencement of the works, as determined in accordance with the contract.
“The contract will have no effect on the share capital and shareholding structure of the company.
“The contract is expected to contribute positively to the earnings and net assets per share of the group for the financial years ending Dec 31, 2026, over the duration of the contract.”
