Mitrajaya bags RM160.1 mil construction job

KUALA LUMPUR (May 11): Mitrajaya Holdings Bhd has bagged a RM160.1 million contract to build residential buildings for a higher learning institution here.

In a filing with Bursa Malaysia today, Mitrajaya said its wholly-owned subsidiary Pembinaan Mitrajaya Sdn Bhd has accepted the proposed job, which will commence on May 18 for a duration of 24 months and is expected to be completed by May 2019.

"The contract is expected to contribute positively to the group’s future earnings," it added.

Mitrajaya shares closed 0.74% higher at RM1.37 today, valuing it at RM917.15 million. — theedgemarkets.com

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