Kerjaya Prospek unit inks RM225 mil building contract in Johor Bahru
The contract covers the execution and completion of a 50-storey building.
The contract covers the execution and completion of a 50-storey building.
The move comes as Batu Kawan continues to attract multinational manufacturers, semiconductor players, logistics providers and data centre operators, driven by Penang’s position as Malaysia’s top electrical and electronic (E&E) investment hub.
Net profit for the three months ended Sept 30, 2025 (3QFY2025) rose to RM57.
The wholly owned unit, Kerjaya Prospek (M) Sdn Bhd, received and accepted the letter of award from Pixel Valley, which is fully owned by Kerjaya Prospek Property Bhd (KPPB), in which certain directors and shareholders hold direct and indirect interest.
The latest contract brings Kerjaya Prospek's total year-to-date wins to about RM1.
Construction on the Shah Alam apartment will begin on Nov 17, 2025 and is expected to take 34 months.
The contract involves the execution and completion of 104 units of two-storey shop offices, six units of three-storey shop offices, 23 affordable shop units, as well as two electrical substations and one compact substation, according to a bourse filing.
The court ordered Kerjaya Prospek's unit Kerjaya Prospek (M) Sdn Bhd to pay Yong Tai's unit Apple 99 Development Sdn Bhd a total of RM20,000 in legal costs, subject to payment of allocator fee.
Chairman Datuk Seri Tee Eng Ho: We can still buy a few hundred million [worth of] land.
Its total outstanding order book stood at RM3.