Thursday 28 Mar 2024
By
main news image

KUALA LUMPUR (Aug 11): Pasukhas Group Bhd announced that its wholly owned subsidiary, Pasukhas Construction Sdn Bhd, has been awarded a contract to undertake concrete substructure works for the head building of the Dexcom Malaysia Factory 3 project in Penang.

The contract worth RM7.08 million was awarded by Exyte Malaysia Sdn Bhd, Pasukhas Group said in a bourse filing on Thursday (Aug 11).

The contract will be effective from Aug 31 to Jan 9 next year.

Pasukhas Construction is principally involved in general contractor activities while Exyte Malaysia is principally involved in provision of construction, installation of facilities and building services as a contractor.

On July 26, Pasukhas Group announced that it had received a RM11.34 million subcontract for electrical works at a water treatment plant in Sabah from Salcon Engineering Bhd.

Pasukhas Group shares closed half a sen or 33.33% higher at two sen, valuing the group at RM38.11 million. The stock has been on a decline since Sept 17 last year, falling by 82.61% from 11.5 sen.

Edited ByS Kanagaraju
      Print
      Text Size
      Share