Friday 29 Mar 2024
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KUALA LUMPUR (Aug 16): Pintaras Jaya Bhd’s unit has secured a piling contract in Singapore worth RM91 million (S$30 million).

The award was given to the group’s wholly-owned unit in Singapore, Pintary International Pte Ltd, the group said in a filing today.

The group had earlier announced on July 31 that it had secured nine piling contracts collectively worth RM156 million since April.

“This brings the total cumulative contracts newly secured to 10, collectively worth RM247 million,” it said today.

The latest project is to commence in October for nine months, and is expected to contribute positively to the group's earnings.

Pintaras Jaya’s share price  closed down two sen or 0.74% at RM2.68, for a market capitalisation of RM444.52 million.

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