Kerjaya Accepts Two More Contracts, Order Book Swells To RM983 Million

Kerjaya Prospek Group Berhad accepted two letters of award with a combined contract sum of RM46 million from Eastern & Oriental Express Sdn Bhd and Persada Mentari Sdn Bhd bringing its ytd order book to RM983 million.

The first LOA, valued at RM24.7 million from E&OE entails the execution and completion of site clearance, earthworks, drainage works and all other associated works for a proposed mixed development located at Section U17, Shah Alam, Selangor Darul Ehsan. The completion timeline is expected to be 17 months from the scheduled date of commencement of 1 October 2023.

The second LOA, with a contract value of RM21.3 million received from PMSB involves the execution and completion of infrastructure works encompassing surface water drainage, water reticulation system, sewerage reticulation system, roadworks, Tenaga Nasional Berhad and Telekom Malaysia manholes and underground ducts, landscaping works and all other associated works for the proposed Seri Tanjung Pinang Phase 2A Development, Pulau Pinang. The infrastructure works are anticipated to complete within 12 months from the commencement date of 18 September 2023.

Its year-to-date outstanding order book strengthened to RM983.8 million, translating to 82.0% of target wins of RM1.2 billion for this year.

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