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ARZB bags RM125 flat project in Terengganu

KUALA LUMPUR: Ahmad Zaki Resources Bhd (AZRB), via the Ahmad Zaki Sdn Bhd-Jasa Bakti Sdn Bhd joint venture (JV), has secured a RM125 million job to built 1,002 units of flats in three 17-storey blocks including related works in Terengganu for the Public Housing Programme (PPP-For Rental) from the Ministry of Housing and Local Government.

In a filing to Bursa Malaysia on Monday, Jan 31, the group said the JV had received the letter of acceptance on Jan 28.

The work is expected to be completed within 30 months, starting from Feb 16, 2011 to Aug 15, 2013.

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