Pasukhas clinches RM44.43 mil contract

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KUALA LUMPUR (Oct 17): Mechanical and electrical (M&E) engineering company Pasukhas Group Bhd has secured a contract worth RM44.43 million, for the sub-structure and external works of a medical tourism project in Barat Daya, Penang.

In a filing with Bursa Malaysia today, Pasukhas said its wholly-owned unit, Pasukhas Sdn Bhd (PSB) had on Monday (Oct 13) accepted a letter of award from Senja Aman Development Sdn Bhd, which is the developer of the medical tourism project.

The contract period is for twelve months, commencing on Nov 20, 2014 with completion date on Nov 19, 2015.

Pasukhas closed 1 sen higher at 22 sen today, bringing its market capitalisation to RM64.9 million.