KUALA LUMPUR (March 22): Gabungan AQRS Bhd has secured a sub-contract worth RM31.85 million to carry out sewer pipe relining works under sub-package 2 for open excavation and pipe jacking works in Klang and Kuala Langat, Selangor.
The project from Syarikat Muhibbah Perniagaan Dan Pembinaan Sdn Bhd was awarded to Gabungan AQRS' wholly-owned Gabungan Strategik Sdn Bhd on Monday (March 21), according Gabungan AQRS' bourse filing.
The subcontract, which will commence on March 23, 2022, is expected to be completed by March 22, 2024.
Gabungan AQRS shares closed unchanged at 38 sen on Monday, giving it a market value of RM201.29 million.
Edited by Tan Choe Choe
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