Kerjaya Prospek bags RM213 million job, declares 4 sen dividend

Kerjaya Prospek bags RM213 million job, declares 4 sen dividend

PETALING JAYA, 20 July: Kerjaya Prospek Group Bhd’s subsidiary, Kerjaya Prospek (M) Sdn Bhd, has been awarded a RM213.75 million job by Apple 99 Development Sdn Bhd for the main building works of a proposed mixed development project known as “The Apple”.

Construction and completion of the project will take more than two years and work is scheduled to start next month.

The project is a joint venture between Yong Tai Bhd and Apple 99 and will comprise a 16-storey hotel with 284 rooms known as “Courtyard by Marriott”, a 32-storey block of 361 units of serviced apartments and an eight-storey podium of car park in Melaka Tengah, Malacca.

In addition to the announcement of the project award, the board of Kerjaya Prospek declared a single-tier interim dividend of 4.0 sen per ordinary share for the financial year ending Dec 31, 2016.

“We are delighted to share that we have surpassed our internal target as our year-to-date project wins now total to RM1.09 billion. Furthermore, the board has also declared a single-tier interim dividend of 4.0 sen per ordinary share to reward our shareholders.

“We now look forward to our upcoming quarter result and will continue to work tirelessly to create value for our shareholders,” its executive chairman Datuk Tee Eng Ho said in a statement yesterday, commenting on Kerjaya’s project win and dividend declaration.

— THE SUN

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