TAFI Industries bags Kuala Langat factory construction job worth RM9.7m

• TAFI Home & Office Sdn Bhd secured the contract from Alpha Estate Sdn Bhd on Monday (April 17), for the construction of one unit of single factory, together with two-storey office building and one unit of electrical substation.

KUALA LUMPUR (April 17): TAFI Industries Bhd via its wholly-owned unit TAFI Home & Office Sdn Bhd (THOSB) has been awarded a RM9.66 million contract to build a factory in Kuala Langat, Selangor.

THOSB secured the contract from Alpha Estate Sdn Bhd on Monday (April 17), for the construction of one unit of single factory, together with two-storey office building and one unit of electrical substation.

The contract period is eight months from April 19 to Dec 18 this year, and this will contribute positively to the group’s earnings for the financial year ending Dec 31, 2023, said TAFI in a bourse filing.

At Monday’s noon break, TAFI’s share price finished half a sen or 0.81% lower at 61 sen, giving it a market capitalisation of RM229.58 million.