KUALA LUMPUR: Kerjaya Prospek Group Bhd has secured two contracts totalling RM95.1mil from Eastern & Oriental Bhd’s units.
The construction group, in a statement, said its wholly owned subsidiaries, Permatang Bakti Sdn Bhd and Kerjaya Prospek (M) Sdn Bhd from Tanjung Pinang Development Sdn Bhd (TPD) and Persada Mentari Sdn Bhd (PMSB) respectively.
Both TPD and PMSB are indirect subsidiary companies of Eastern & Oriental.
The first letters of award (LoA) worth RM69.2mil is in relation to the execution of the superstructure works on Gurney Marine Bridge Phase 2, which is expected to be completed within 24 months from Jan 22, 2024. The bridge will link Jalan Gurney to Andaman Island.
The second LoA, which is worth RM25.9mil, involves the execution and completion of the piling and sub-structure contract works on a proposed 50-storey serviced apartment consisting 261 units on Andaman Island. The construction works is expected to be completed within 12 months from Jan 22.
“We are only into the first few days of the new year yet, together with the RM170.9mil contract which we received last week, Kerjaya has already secured a cumulative year to date contract value of RM266.1mil.
“We undoubtedly intend to continue expanding our order book to meet our internal target of RM1.2bil for 2024,” Kerjaya chief executive officer and executive director Tee Eng Tiong said.