KERJAYA PROSPEK BAGS TWO CONTRACTS WORTH RM46 MLN, TOTAL ORDER BOOK AT RM983.8 MLN

KUALA LUMPUR, Aug 1 (Bernama) — Construction outfit Kerjaya Prospek Group Bhd’s wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd has bagged two contracts worth RM46 million from Eastern & Oriental Express Sdn Bhd (E&OE) and Persada Mentari Sdn Bhd (PMSB).

E&OE and PMSB are the indirect subsidiary companies of Eastern & Oriental Bhd. 

The first contract valued at RM24.7 million from E&OE entails the execution and completion of site clearance, earthworks, drainage works and all other associated works for a proposed mixed development located at Section U17, Shah Alam, Selangor, it said in a statement here today.

The completion timeline is expected to be 17 months from Oct 1, 2023. 

The second contract worth RM21.3 million received from PMSB involves the execution and completion of infrastructure works encompassing surface water drainage, water reticulation system, sewerage reticulation system, roadworks, Tenaga Nasional Bhd and Telekom Malaysia manholes and underground ducts, landscaping works and all other associated works for the proposed Seri Tanjung Pinang Phase 2A Development, Penang.

The infrastructure works are anticipated to be completed within 12 months from Sept 18, 2023. 

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Kerjaya chief executive officer and executive director Tee Eng Tiong said its year-to-date outstanding order book strengthened to RM983.8 million, translating to 82 per cent of our target wins of RM1.2 billion for this year.

“We will continue to put in efforts to win more contracts, ensure our quality of work is of the highest quality and deliver all our ongoing projects within the stipulated timeframe to sustain our earnings visibility.”

— BERNAMA