Share
KUALA LUMPUR (June 15): Protasco Bhd has bagged a RM174.4 million infrastructure works contract from Central Spectrum (M) Sdn Bhd, a subsidiary of Kumpulan Hartanah Selangor Bhd.
The deal was secured via its subsidiary KPS-HCM Sdn Bhd and is for the development of Phase 3C in Pulau Indah Industrial Park, Protasco said in a filing with Bursa Malaysia today.
“The works are expected to be completed within 18 months from July 5, 2017 till Jan 5, 2019 and are expected to contribute positively to the earnings of Protasco for the financial year ending Dec 31, 2017,” it said.
Shares in Protasco closed unchanged at RM1.09 with 1.67 million shares traded, giving the group a market capitalisation of RM462.92 million. — theedgemarkets.com
For more stories, download TheEdgeProperty.com pullout here for free.
TOP PICKS BY EDGEPROP
Tropicana Aman Bayan Residences
Telok Panglima Garang, Selangor
Tropicana Aman Bayan Residences
Telok Panglima Garang, Selangor
SkyLuxe On The Park @ Bukit Jalil
Bukit Jalil, Kuala Lumpur
Country Heights Damansara
Country Heights Damansara, Kuala Lumpur
East Residence @ KLGCC
Damansara, Kuala Lumpur
The Residence, Mont Kiara
Mont Kiara, Kuala Lumpur
The Ritz-Carlton Residences
KLCC, Kuala Lumpur
