Ikhmas Jaya bags LRT3 project


Ikhmas Jaya Group Bhd’s wholly owned subsidiary, Ikhmas Jaya Sdn Bhd (IJSB), has secured a sub-contract worth RM405 million for the construction and completion of Light Rail Transit Line 3 (LRT 3) from Pembinaan Jaya Zira Sdn Bhd.

In an exchange filing yesterday, the construction company noted that the duration of the sub-contract is for 26 months.

The aggregate value of contracts secured by Ikhmas Jaya for the year amounts to RM875 million.

On Monday, IJSB secured two contracts from Knusford Construction Sdn Bhd worth RM75.3 million to build bridges for Phase 3 of the Setiawangsa-Pantai Expressway-DUKE project.

The first award is a sub-contract to undertake bridge structure works for RM23.5 million over a 37-week time period.

Meanwhile, the second award worth RM51.8 million is for the construction of bridge structure works at Section 2-Salak to Pandan part of the expressway, which is to be finished within 15 months, Ikhmas’ exchange filing on the day stated. — TMR