KUALA LUMPUR (June 3) : Piling and foundation specialist Pintaras Jaya Bhd has secured four new piling contracts worth S$34.5 million or approximately RM108 million in Singapore.
In a Bursa Malaysia filing today, the construction company said these projects have commencement dates from May to July this year with contract periods varying from three to seven months.
They were secured via its indirect wholly-owned subsidiary, Pintary Foundations Pte. Ltd.
“These contracts are expected to contribute positively to PJB Group’s FY2021 and FY2022 earnings.
Shares in Pintaras Jaya ended four sen or 1.53% lower at RM2.58 today, valuing the company at RM427.93 million.
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