Share
KUALA LUMPUR (Sept 30): Property developer Protasco Bhd's wholly-owned subsidiary HCM Engineering Sdn Bhd has received a letter of acceptance to design and build an additional four-storey building with basement car park worth RM44 million from Asian Football Confederation.
In Bursa Malaysia's announcement today, Protasco said the building will be located in Bukit Jalil, Mukim Petaling, Kuala Lumpur.
The contract is expected to be completed in 18 months by March 2017.
The group expects the contract to contribute positively to its future earnings.
At the closing of afternoon trade, Protasco shares traded at RM1.62, down 0.61% or one sen, with 258,600 shares done for a market capitalisation of RM547 million.
TOP PICKS BY EDGEPROP
Telok Panglima Garang Industrial Zone
Telok Panglima Garang, Selangor
Seri Intan Apartments @ Setia Alam
Shah Alam, Selangor
Impian Prisma @ Setia AlamImpian
Shah Alam, Selangor
Ridgewood Canary Garden @ Bandar Bestari
Klang, Selangor
Teega Residences, Puteri Harbour
Kota Iskandar, Johor
