The piling and engineering firm also faces delisting if it fails to issue its outstanding financial statements within six months, according to its filing on Thursday (June 1).
Axis acquired the property in 2014 for RM153.
The contract is scheduled to commence on Feb 13 and is expected to be completed within 14 months from the commencement date.
The Paper Power Project competition, conducted in collaboration with Dr Kody Kato of the Office of Design Evolution, “challenges students to reimagine how large modern structures can be built with sustainable materials to promote design excellence amongst our youth”.
The company said the combined total contract sum for the above-mentioned contracts is worth approximately RM17 million.
PETALING JAYA (June 27): Kuala Lumpur Metro Group (KL Metro) and China State Construction Engineering Corporation (CSCEC) Malaysia commemorated the topping out of Imperial Lexis Kuala Lumpur and Grandview Residence on June 22 to mark the completion of the five-star hotel and luxury residences respectively.
KUALA LUMPUR (March 25): Wong Engineering Corp Bhd’s net profit slumped by 87.
KUALA LUMPUR (Dec 10): TH Heavy Engineering Bhd (THHE) has inked a memorandum of understanding (MoU) with highway constructions group MTD Capital Bhd to secure an infrastructure project in the northern region of Peninsular Malaysia.
KUALA LUMPUR (Aug 2): Nestcon Bhd has won a subcontract in relation to the construction of an access road connecting to Sungai Pulai Bridge for the proposed Petrochemical & Maritime Industry Centre development in Tanjung Bin, Pontian, Johor.
PETALING JAYA (May 12): Kerjaya Prospek Group Bhd has appointed Tee Eng Tiong (pictured) as chief executive officer and executive director, effective today.
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