- The contract was awarded by Attractive Venture (JB) Sdn Bhd, said Pasukhas in a bourse filing, adding that the physical construction period will be 12 months.
KUALA LUMPUR (Jan 31): Loss-making builder Pasukhas Group Bhd has secured a RM21 million contract to build a production building, warehouse and three-storey office in Kulai, Johor.
The contract was awarded by Attractive Venture (JB) Sdn Bhd, said Pasukhas in a bourse filing, adding that the physical construction period will be 12 months.
Pasukhas, which has been in the red since 2018, reported a wider net loss of RM15.36 million for the first nine months of 2022, versus RM868,000 for the previous corresponding period.
This is despite revenue growing 16% to RM70.2 million from RM60.32 million.
Shares of Pasukhas closed unchanged at two sen on Tuesday (Jan 31), valuing the group at RM38.1 million.
TOP PICKS BY EDGEPROP
Midfields Condominium
Salak Selatan, Kuala Lumpur
Taman Industri Bukit Badong
Hulu Selangor, Selangor
Eco Business Park V
Bandar Puncak Alam, Selangor
Oval Damansara
Taman Tun Dr Ismail, Kuala Lumpur
Seksyen 51, Petaling Jaya
Petaling Jaya, Selangor
Subang Jaya City Centre (SJCC) : Teja
Subang Jaya, Selangor
Aspira ParkHomes @ Gelang Patah
Gelang Patah, Johor
Canal Gardens, Kota Kemuning
Kota Kemuning, Selangor
Jalan Kemuning Indah 32/138A
Shah Alam, Selangor
The Royale@ Amverton Park
Shah Alam, Selangor
Putra Indah @ Putra Heights
Subang Jaya, Selangor