Kerjaya Prospek bags RM46m infrastructure contract

Kerjaya Prospek Bhd’s 70%- owned subsidiary, Future Rock Sdn Bhd, has accepted a contract for reclamation works on the “Perimeter Bund for Phase 2B of the STP2” project for a total contract sum of RM45.9 million.

The contract was awarded by China Communications Construction Co (M) Sdn Bhd and is expected to be com- pleted within 10 months from the date of commencement.

The project is Kerjaya Prospek’s fifth contract award for the year and has brought year-to-date contract wins to RM426 million, it noted in a release yesterday.

The construction and property developer’s outstanding orderbook stood at RM2.6 billion as at March 31, 2017, and had a net cash position of RM147.08 million.

Recently, Kerjaya Prospek was listed as one of the five Malaysian companies under the “Best Under A Billion” list for 2017 by Forbes Asia.