Vizione JV bags RM654m job from Perkeso

KUALA LUMPUR (April 21): Integrated construction engineering group Vizione Holdings Bhd, in a joint venture with Permata Rebana Sdn Bhd, has bagged an RM654 million project from Pertubuhan Keselamatan Sosial (Perkeso) to build Phase 1 of the latter’s national robotics and cybernetics rehabilitation centre in Bandar Meru Raya, Perak.

In a bourse filing on Wednesday (April 20), Vizione said Permata Rebana & Vizione Holdings JV Sdn Bhd (PRVH) has accepted a letter of award from Perkeso for the proposed project, which  comprises 11 blocks. They include a gallery centre, neuro robotics, a cybernetics and physical rehabilitation centre, a vocational rehabilitation centre, a treatment centre, rehabilitation wards, hostel, aquatic rehabilitation centre, an administration centre with rooms, a graduation hall, as well as commercial space.

The contract has a duration of 30 months starting from May 2.

Vizione managing director Datuk Ng Aun Hooi said the robotics and cybernetics rehabilitation centre will be the first of its kind in Malaysia and will serve as a full rehabilitation treatment programme under one roof for all Perkeso members.

He added that the latest contract will bring the group's outstanding order book to above the RM3 billion level.

"Overall, we see encouraging signs that more jobs are being awarded in tandem with the economic recovery. Our tender team continues to work hard on securing new jobs to further enhance our order book, targeting projects in the infrastructure, buildings, flood mitigation as well as renewable energy segments.

"On the other hand, the project teams’ focal point is to execute our order book on a timely basis, supported by our healthy balance sheet," he said in a separate statement.

Vizione shares closed 0.5 sen or 5.26% higher at 10 sen on Wednesday, bringing it a market capitalisation of RM194.53 million.

Edited by Kang Siew Li

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