Pansar Berhad has announced that Perbena Emas Sdn Bhd, a wholly owned subsidiary of Pansar had received a Letter of Acceptance from Jabatan Kerja Raya Sarawak for the completion of Remaining Works To The Proposed Road at Jalan Lubok Teranggas, Samarahan Division.
The contract value of the project is said to be in the region of RM67 million. The scope of work includes the construction and completion of the road, along with two bridges. The contract period is thirty months and the Project is scheduled to commence in October 2022.
Project is expected to contribute positively to the earnings and net assets of the Group as the Project progresses during the contract period.