In a filing with Bursa Malaysia today, Kerjaya Prospek said its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd (KPSB) has accepted a letter of award from TSM Towers Sdn Bhd to undertake the building and external works of the proposed development project. The proposed commercial building will feature a Grade A, MSC-compliant office building.
The construction works to be undertaken by KPSB will take 15 months from May 29, with completion on Aug 28 next year.
In a separate statement today, Kerjaya Prospek executive chairman Datuk Tee Eng Ho said the latest award brings the group's contract wins to RM316 million year-to-date.
"This is our first project from TSM and Kerjaya Prospek’s third contract award for the year," he added.
Kerjaya Prospek shares closed the morning session down 5 sen or 1.51% at RM3.26 per share, with 173,800 shares traded. Its market capitalisation stood at RM1.71 billion.— theedgemarkets.com