PETALING JAYA, Nov 23: Ikhmas Jaya Group Bhd’s unit Ikhmas Jaya Sdn Bhd has clinched a contract worth RM161.12 million from MRCB Builders Sdn Bhd to undertake substructure works for the proposed mixed development in Bandar Petaling Jaya.
In a filing with Bursa Malaysia last Friday, the group said the 20 months contract is expected to commence on Nov 20, 2015 and complete by July 19, 2017.
It said the project is expected to contribute positively to the earnings and net assets for the financial year ending Dec 31, 2016 (FY16).
Ikhmas Jaya specializes in engineering and construction services. It designs, engineers and constructs piling and foundation, bridges and buildings.
— THE SUN