PETALING JAYA: Rohas Tecnic Bhd has announced that it has received a letter of award from Gamuda Bhd for works pertaining to Phase 2 of the Sg Rasau water treatment plant, worth RM123mil.
In a filing with Bursa Malaysia, Rohas said the contract was secured via the Rohas-Euco Industries Bhd - One Ocean Environment Sdn Bhd Consortium.
The consortium comprises Rohas-Euco Industries Bhd, a wholly-owned subsidiary of Rohas and One Ocean Environment Sdn Bhd, which had accepted the letter of award from Gamuda M&E Sdn Bhd, a subsidiary of Gamuda.
Rohas said the contract entails the provision of design review, supply, delivery, installation, testing and commissioning and maintenance of process package 2 at the Sg Rasau water treatment plant.
“The Sg Rasau Package 2 project is expected to be completed by the fourth quarter of 2025,” it said.
“Barring any unforeseen circumstances, the Sg Rasau Package 2 project is expected to contribute positively to the earnings of Rohas group for the financial years ending Dec 31, 2024 and 2025 and a positive financial impact is expected on the earnings per share and net assets per share of Rohas group.