news

Mitrajaya bags RM200m construction job in Putrajaya

KUALA LUMPUR (Feb 10): Mitrajaya Holdings Bhd has bagged a RM200 million contract to build a transit-oriented development in Putrajaya, which is about equivalent to its market capitalisation, from Putrajaya Development Sdn Bhd.

The project involves the construction and completion of 10 levels of podium and external works at Plot 7MD7, Precinct 7, Putrajaya, according to Mitrajaya's stock exchange yesterday.

The project, to be completed in 24 months, starting from site possession on Feb 16, is expected to contribute positively to the group’s earnings and net assets for the financial years ending Dec 31, 2021 (FY21) and FY22.

Mitrajaya’s shares closed unchanged at 24 sen yesterday, giving it a market capitalisation of RM200.68 million.

Get the latest news @ www.EdgeProp.my

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. PKR’s Anwar urges Putrajaya to support state govt, private sector efforts to procure vaccines
  2. Covid-19 cases rise to 2,148, crossing 2,000 mark for first time in 41 days
  3. PM Muhyiddin reminds Ramadan bazaar visitors to adhere to SOPs