MN Holdings bags RM40mil Perak contract

PETALING JAYA: MN Holdings Bhd has secured a turnkey project valued at RM40.1mil to build the main distribution substation network for a residential development in Taman Lagenda in Teluk Intan, Perak.

In a statement, the underground utilities and substation engineering specialist said its wholly-owned subsidiary, Mutu Nusantara Sdn Bhd, had secured the contract from Taraf Nusantara Sdn Bhd, a wholly-owned subsidiary of Lagenda Properties Bhd, appointing it to be the contractor for the project.

The project’s duration is from September 2023 until September 2024.