Pansar gets RM269mil water treatment plant contract


PETALING JAYA: Pansar Bhd has received a letter of award from Lembaga Air Sibu, Sarawak for the upgrading of a water treatment plant in Salim, Sibu, worth RM269.1mil, via open tender.

In a filing with Bursa Malaysia, Pansar said the scope of work includes civil, structural, mechanical and electrical works for the construction, completion and commissioning, and all the required works for the upgrading of the Salim water treatment plant from 150 megaliters per day (mld) to 300 mld.

“The contract period is 30 months and the project is scheduled to commence in May 2024. The contract is expected to contribute positively to the earnings and net assets of the group as the project progresses during the contract period.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

LIAM, MTA, PIAM announce interim measures to cushion impact of recent premium repricing
Kawan Renergy reports record earnings for FY24
Bursa Malaysia records highest number of IPOs in 19 years with 55 listings in 2024
LKL secures RM24.55mil sales contract from UKM
Edelteq proposes to acquire remaining 30% stake in EVSB for RM132.5mil
Bank Negara introduces measures to ease rising insurance premiums for policyholders
JPG awards RM39.04mil contract to TLD for iSPOC project development
Public Bank prevents more than 1.12 mln customers from being victims of mule accounts
Bursa Malaysia slips deeper into the red, in line with regional downtrend
Oil falls on demand growth concerns, robust dollar

Others Also Read