Mitrajaya bags RM100m contract to build hospital in Kuala Lumpur

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KUALA LUMPUR (Oct 9): Mitrajaya Holdings Bhd has bagged a RM99.9 million contract from International Medical University, Malaysia (IMU) to build a seven-storey private hospital at Bukit Jalil here.

In a filing with Bursa Malaysia today, Mitrajaya said its wholly-owned subsidiary Pembinaan Mitrajaya Sdn Bhd had accepted the letter of award from IMU Education Sdn Bhd, owned by IMU, for the proposed project yesterday .

The contract will commence on Oct 15, with completion by Jan 15, 2021.

"The contract is expected to contribute positively to Mitrajaya’s future earnings," it added.

Mitrajaya shares closed down one sen or 2.56% at 40 sen today, for a market capitalisation of RM358.14 million.