Thursday 28 Mar 2024
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KUALA LUMPUR (Dec 2): Taliworks Corp Bhd has bagged a RM293.86 million contract from Pengurusan Air Selangor Sdn Bhd (Air Selangor) to build a booster station and reservoirs and undertake associated works and building services for the proposed development of the Sg Rasau water treatment plant and water supply scheme (Phase 1), Selangor Darul Ehsan Package 3.

In a bourse filing on Thursday, Taliworks said it has received a letter of award from Air Selangor for the proposed project. The date of the site possession is Dec 15, with the works to be completed on Dec 31, 2024.

The scope of works comprises designing and building of the proposed new Bukit Lipat Kajang booster station, reservoirs and associated works including civil, structural and building works, pumping plant mechanical works, electrical works, instrumentation, controls and automation works and building services.

"The contract is expected to contribute positively to the group’s earnings and net assets for the duration of the contract," it added.

Taliworks shares closed unchanged at 83 sen, valuing it at RM1.66 billion.

Edited ByKang Siew Li
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