Mitrajaya’s unit bags RM68.8m contract

Business & Finance
1 Nov 2022 • 8:08 PM MYT
Malay Mail
Malay Mail

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KUALA LUMPUR, Nov 1 — Mitrajaya Holdings Bhd’s wholly-owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, has bagged a contract worth RM68.8 milliom from the East Coast Economic Region Development Council (ECERDC).

In a filing with Bursa Malaysia today, the construction company said Pembinaan Mitrajaya has accepted and executed the Letter of Acceptance for the construction and completion of improvement works to the existing road from Kg Kahang to Sungai Emas (Southern Package), Endau Rompin National Park, Johor.

The contract duration is 120 weeks and it is expected to be completed by March 3, 2025, Mitrajaya said.

The contract is expected to contribute positively to the earnings and net assets of the group from the financial years ending December 31, 2023 to 2025. — Bernama