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Aneka Jaringan bags RM16m piling subcontract

2021-04-23T13:56:31-04:00April 23rd, 2021|
Aneka Jaringan bags RM16m piling subcontract

KUALA LUMPUR (April 23): Aneka Jaringan Holdings Bhd has won a RM16.42 million subcontract to undertake piling and pilecap works for an apartment project in Bukit Jalil.

In a bourse filing, the group said its wholly-owned unit Aneka Jaringan Sdn Bhd was awarded the job by GDP Architects Sdn Bhd, on behalf of Gaya Kuasa Sdn Bhd.

The development involves two 52-storey blocks of apartment, comprising 1,260 units, and includes a common facility podium and car parks.

The group said the subcontract, to be completed by Dec 14, 2021, is expected to contribute positively to Aneka Jaringan’s earnings and net assets for the financial year ending Aug 31, 2021 and onwards.

Aneka Jaringan’s share price closed unchanged at 30 sen, valuing the group at RM161 million. The stock saw 2.29 million shares traded.

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