-+ 0.00%
-+ 0.00%
-+ 0.00%
Kerjaya Prospek consortium secures RM568.2mil TNB contract
Share
Listen to the news

PETALING JAYA: Kerjaya Prospek Group Bhd, through a consortium, has accepted a RM568.2mil contract from Tenaga Nasional Bhd (TNB) for the establishment of a transmission main intake substation (PMU 500/275/132/33/11 kilovolts) Paka GIS in Terengganu.

In a statement, Kerjaya Prospek said the consortium comprises its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, Jati Tinggi Holding Sdn Bhd (a wholly-owned subsidiary of Jati Tinggi Group Bhd) and Betapac Sdn Bhd.

“The project is scheduled to be completed within 24 months from the commencement date.”

Kerjaya Prospek chief executive officer and executive director Tee Eng Tiong said the contract represents an important opportunity for the group to expand its presence into Terengganu and participate in a significant power infrastructure project for TNB.

“Beyond strengthening our order book, the award allows us to extend our project footprint into a new geographical market and broaden our exposure to infrastructure-related works.

“Moving forward, we will continue to explore opportunities in new locations and project segments that complement our existing expertise and support the group’s long-term growth.”

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending