KUALA LUMPUR (Jan 17): Kerjaya Prospek Group Bhd's wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd (KPMSB) secured from Aspen Entity Sdn Bhd (AESB) a RM155 million project to construct the main building for a planned property development along Persiaran Bestari in Cyberjaya, Selangor.
In a statement to Bursa Malaysia, Kerjaya Prospek said KPMSB had today accepted the letter of award from AESB, a subsidiary of HCK Capital Group Bhd.
Kerjaya Prospek said: "This is an expansion of the current customer base for the company. It further increases the group's order book and is expected to provide an additional stream of revenue for the group over the next three years."
"The contract covers the construction of main building for the proposed project comprising two (2) blocks of service suites of eleven (11) storeys each on top of a five (5) level car park podium and two (2) levels of common area and facilities and one (1) block of twenty-five (25) storey service suites on top of a five (5) level car park podium and two (2) levels of common area and facilities to be built on Lot PT 41466 Persiaran Bestari, Cyber 11, Cyberjaya, Mukim Dengkil, Daerah Sepang, Selangor Darul Ehsan," read the statement.
Kerjaya Prospek said the contract will start on March 1, 2019 for completion within 24 months from the commencement date.
According to the group, the RM155 million project is its first contract this year, and will bring the group's total outstanding order book to approximately RM3.1 billion.
Kerjaya Prospek executive chairman Datuk Tee Eng Ho said in the statement: "HCK is a reputable developer and the group is eager to kick start this working relationship with them. With this new contract in hand, it boosts our outstanding order book to approximately RM3.1 billion to-date." — theedgemarkets.com