KJTS secures second subcontract from SunCon unit for data centre job in Selangor
This is the second subcontract KJTS received from Sunway Engie within a month.
This is the second subcontract KJTS received from Sunway Engie within a month.
The Edge reported last year that the High Court had set aside a corporate voluntary arrangement (CVA) by True Renaissance Development Sdn Bhd for the Empire Remix development.
The company said it will be buying the factory, situated on 8,217 square metres of leasehold industrial land, for RM7 million, and pay another RM1.
The project involves the development of Phase 3 of Arundina which consists of 130 units of double-storey semi-detached houses and a unit of Tenaga Nasional Bhd (KL:TENAGA) substation located specifically in Setia Alam.
This comes after Concord College International School commenced operations in Sunsuria City in September.
Tuju Setia said the contract is expected to positively impact the company’s earnings and net assets from the financial year ending Dec 31, 2024, until the contract’s completion.
Under the MOU, CelcomDigi and PR1MA's wholly owned subsidiary, PR1MA Communications Sdn Bhd, will collaborate to provide fibre-to-the-home and fixed wireless access solutions to PR1MA projects.
This latest win marks Econpile’s fifth contract secured since the beginning of the year.
The property will serve as the group's headquarters, warehouse and storage facility for vehicles and machinery after project completion.
RAM Rating Services Bhd has assigned a rating of “AA3” to the IMTN programme, and “P1” to the ICP programme, both with a stable outlook.