Kerjaya Prospek Accepts RM398 Million LOA For Coastal Protection Project

(photo credit: ohmyhome)

Kerjaya Prospek Group Berhad has announced that its wholly-owned subsidiary company, Future Rock Sdn. Bhd. has accepted a letter of award from Tanjung Pinang Development Sdn. Bhd for a project worth RM398 million.

The contract is for the construction of coastal protection structure for the proposed Seri Tanjung Pinang (Phase 2B & 2C) Development at Tanjung Tokong, Pulau Pinang. Which entails the construction of a temporary coastal protection structure, located at Tanjung Tokong, Pulau Pinang. The construction works are expected to commence on 10 April 2023 for a duration of 36 months.

Kerjaya Prospek Group Berhad chief executive officer and executive director Tee Eng Tiong said, “With the acceptance of LOA from TPD, our year-to-date contract win will amount to RM533.4 million with the latest contract awarded as well as the LOA from BBCC Development Sdn. Bhd. worth RM135.4 million which was announced on 2 February 2023.

Our outstanding orderbook is bolstered to RM4.7 billion and we will continue to leverage our core competence to secure new projects in the near future and provide high-quality service to our clients.”

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