Gadang Holdings via its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd, has accepted the letters of award from Adil Permata Sdn Bhd the sub-contractor for the RTS Link project which will require the company to handle Package 4.
Package 4 is the Bukit Chagar Station and Operation Control Centre for the Johor Wppdlands rail link, the job is estimated to be worth RM370,000,000 with a duration of approximately two years and is expected to be complete by 30 September 2024.
Separately, Gadang was also awarded Package 6 which is for a Depot and Power Supply System at a sub-contract sum of RM310,000,000 with a duration of approximately two years and is expected to complete by 30 June 2024.
Both Package 4 and Package 6 job orders are expected to contribute positively to the future earnings of the Group.
