PETALING JAYA: AWC Bhd has accepted a letter of award from Gamuda Engineering Sdn Bhd for the construction of water harvesting and sewerage services among others in Gombak, Selangor, worth RM19.9mil.
In a filing with Bursa Malaysia, AWC said the sub-contract was secured by its wholly-owned subsidiary, Qudotech Sdn Bhd, adding that works would commence from Sept 2, 2024 and completed by Nov 18, 2025.
“The sub-contract works are in the ordinary course of business of Qudotech.
“The potential risks involved in these sub-contract works are considered normal operational risks and are the same with any other works of such nature undertaken.”
The company said the sub-contract is expected to contribute positively to the earnings of the AWC Group over the duration of the works.