MKH gets contract worth RM675m

KUALA LUMPUR: MKH Bhd’s wholly-owned unit has been awarded a turnkey construction contract (TCC) worth up to RM675 million over five years by Puncak Alam Resources Bhd (PAR) to build residential and commercial properties in Kuala Selangor.

MKH told Bursa Malaysia yesterday its unit Pelangi Seri Alam Development Sdn Bhd (formerly known as Fresh Partners Malaysia Sdn Bhd) had been awarded the TCC for the project on 222.6ha in Jeram and Ijok.

It said the contract value for the project was about RM135 million per year and PAR would award the turnkey construction packages to Pelangi Seri Alam progressively based on the development phases.

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