KUALA LUMPUR (Jan 9): Mitrajaya Holdings Bhd has been appointed as the main building works contractor for a public housing project in Precint 17, Putrajaya.
The RM103.06 million contract was awarded to the construction firm’s wholly-owned unit, Pembinaan Mitrajaya Sdn Bhd, by Putrajaya Homes Sdn Bhd.
The project, under the 1Malaysia Civil Servants Housing Programme (PPA1M), comprises 404 apartment units, a block of multi-level parking, a surau, and common facilities.
“The contract will commence on Jan 15, 2018 for a duration of 36 months and it is expected to be completed by Jan 14, 2021,” said Mitrajaya.
Shares of Mitrajaya, which hit a multi-year low of 76 sen on Dec 22 last year, closed half a sen or 0.52% lower at 95 sen today for a market capitalisation of RM655.01 million. — theedgemarkets.com