KUALA LUMPUR (Dec 15): Pintaras Jaya Bhd's (Pintaras Jaya) unit, Pintaras Geotechnics Sdn Bhd, has bagged a piling contract for a service apartment project here, valued at RM21.5 million.  

In a filing with Bursa Malaysia, the civil engineering company said it had today received a Letter of Award dated Nov 27, 2015 from City View Ventures Sdn Bhd.  

The contract was for the execution and completion of piling works for a proposed service apartment at Jalan Kia Peng, Kuala Lumpur.

"The said works are to commence on tomorrow (Dec 16), with a completion period of 10 months," it added.

Pintaras Jaya expects the contract to contribute positively to its future earnings.

Shares in Pintaras Jaya closed four sen or 1.2% higher at RM3.36 today, for a market capitalisation of RM540.42 million.

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