Protasco bags RM50m contract

KUALA LUMPUR: Protasco Bhd has won a tender from Desaru Development Holdings One Sdn Bhd for construction works worth RM50.4 million.

In a filing with Bursa Malaysia, the infrastructure development provider said its subsidiary HCM Engineering had received a letter of acceptance from Desaru Development.

The contract, which runs for 12 months beginning June 17, encompasses construction and completion of a proposed infrastructure package, including road and drainage works to Desaru Coast Course in Johor.

“The project is expected to contribute positively towards the group’s results for FY13 ending Dec 31,” said Protasco.