KUALA LUMPUR: Straits Energy Resources Bhd has secured a contract worth RM40.7mil from Puncabahan Sdn Bhd for the construction of additional space and upgrading of the emergency medical department for Hospital Canselor Tuanku Muhriz, Pusat Perubatan Universiti Kebangsaan Malaysia (PPUKM).
In a filing with Bursa Malaysia, Straits Energy said its 70%-owned subsidiary, Straits CommNet Solutions Sdn Bhd accepted the letter of award (LoA) from Puncabahan.
The project was awarded by Jabatan Kerja Raya and will involve both electrical and ICT works as well as smart building systems.
Straits said the project is slated to begin on Jan 8, 2024 until Sept 23, 2026.
“The acceptance of the LoA is in line with company’s strategy to broaden its business network and further escalate its revenue stream. In addition, this will also allow more strategic collaborations to be carried out with synergistic partners,” it said.