Pintaras Jaya bags six new piling contracts worth RM192m in Singapore

• “These contracts are expected to contribute positively to the group’s earnings for the financial year ending June 30, 2023 (FY2023).”

KUALA LUMPUR (Oct 11): Piling and foundation specialist Pintaras Jaya Bhd has secured six new piling contracts worth a combined RM192 million in Singapore.

In a bourse filing on Tuesday (Oct 11), Pintaras said the contracts were clinched through its indirect wholly-owned subsidiary in Singapore, Pintary Foundations Pte Ltd. The contract periods range from three months to 18 months, starting this month.

“These contracts are expected to contribute positively to the group’s earnings for the financial year ending June 30, 2023 (FY2023),” it added.

In April, Pintary Foundations had secured three piling contracts worth RM90 million, also in Singapore.