MRCB clinches RM46.7m project

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) has clinched a RM46.7 million contract from the Department of Irrigation and Drainage to carry out phase two of the project to construct a breakwater in Kuala Sungai Pahang, Pahang.

The construction will be completed by March 2013, said MRCB in a filing to Bursa on Friday, Oct 14.

The project is an extension of the RM258.17 million contract for design and rehabilitation works at the river mouth and Kuala Sungai Pahang (phase one) awarded to the company in October 2008.

The main component of the project is to extend an additional 200m in length, the breakwater constructed during the first phase.

The project is expected to contribute positively to the future earnings of the group, it said. — Bernama

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.