Tafi bags RM207 mil related-party transaction for mixed-used development in Setia Alam
The tenure for the construction of the main building and associate works is 42 months, with a contract value of RM186.
The tenure for the construction of the main building and associate works is 42 months, with a contract value of RM186.
MRL reiterated that there are "no changes" to its proposed post-construction partnership with CCCC, as per the signing of a memorandum of understanding (MOU) for ECRL’s management, operation and maintenance phase back in April 2019.
The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.
Aneka Holdings anticipates the sub-contract to contribute positively to the group's consolidated earnings and net assets for the financial years ending Aug 31, 2024 (FY2024) and FY2025, during the duration of the sub-contract.
The entitlement date for the bonus issue will be determined later, the group said, adding that the warrants' entitlement date will be announced after the completion of the bonus issue.
The two-year sub-contract was awarded by Iqzan's subsidiary Kacon Construction Sdn Bhd, said Annum in a bourse filing.
The proposed IPO involves a public issuance of 78.
As of the end of March, Econpile had 19 ongoing projects with an order book of about RM400 million.
The house estimated Kerjaya Prospek’s outstanding order book to be at RM4.
Wawasan Dengkil mainly provides earthworks and civil engineering services.