KUALA LUMPUR: Pesona Metro Holdings Bhd’s wholly owned subsidiary, Pesona Metro Sdn Bhd, has won a contract worth RM149.6 million from the Intrasegi Sdn Bhd–Tegas Setuju Sdn Bhd joint venture.

The company said the contract is for the construction and completion of a government building complex in Johor Baru.

The project, targeted for completion on Jan 29, 2016, and to be completed within 30 months from the date of possession of the site, will be funded internally and will have no effect on Pesona Metro’s gearing.

Managing director Wie Hock Beng said the project would have a significant contribution to its earnings and beef up its order book.

“We expect the project will keep the group busy for the next two years,” he said in a statement yesterday. — Bernama

This article first appeared in The Edge Financial Daily, on July 31, 2013.

 

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