Ireka unit bags RM233m contract

KUALA LUMPUR: Ireka Corp Bhd's wholly-owned subsidiary Ireka Engineering & Construction Sdn Bhd (IECSB), has been awarded a RM232.75 million contract by Transmission Technology Sdn Bhd.

In a filing with Bursa Malaysia, Ireka said the contract was for a package of works for the proposed offices and hotel development on part of Lot 203, Seksyen 72 (Lot G) in Kuala Lumpur.

It involves architectural, mechanical and electrical works for two basement levels and podium (13 levels) up to and including level nine slab and the 27-storey (Tower 1) and 37-storey (Tower 2) office towers.

The contract period for Tower 1 and Tower 2 is 18 months and 20 months respectively. The contract is expected to contribute positively to the earnings of the group for the financial years ending March 31, 2011 onwards. — Bernama