Tuesday 16 Apr 2024
By
main news image

This article first appeared in The Edge Financial Daily on January 18, 2019

KUALA LUMPUR: Construction outfit Kerjaya Prospek Group Bhd has bagged a RM155 million contract from HCK Capital Group Bhd’s unit Aspen Entity Sdn Bhd for a proposed development in Cyberjaya, Selangor.

Kerjaya said the contract will bring the group’s total outstanding order book to RM3.1 billion and is expected to provide an additional stream of revenue for the group over the next three years.

In a filing with Bursa Malaysia yesterday, Kerjaya said its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd has accepted a letter of award from Aspen Entity to build three blocks of service suites, together with car park podiums and common area and facilities, for the proposed project.

The contract will commence on March 1, with completion within 24 months.

“The contract is expected to contribute positively to the group’s earnings and net assets per share for the financial years ending 2019 to 2021,” it added.

      Print
      Text Size
      Share