by TMR / pic by TMR FILE

KERJAYA Prospek Group Bhd’s wholly-owned subsidiary, Kerjaya Prospek (M) Sdn. Bhd., secured a RM265 mil contract from Persada Mentari Sdn. Bhd., an indirect subsidiary of Eastern & Oriental Berhad, to undertake main building works for a proposed development project in Pulau Pinang.

The Project comprises two blocks of apartments, housing a total of 1,020 units, a basement carpark, a four-storey car park and two storeys of commercial units.

The Project is expected to be completed within 32 months from its commencement date of 1 July 2022, the company said in a statement today.

This contract comes after the Group was awarded its second contract of the year, worth RM197.5 million,from its wholly-owned subsidiary, Yakin Land Sdn. Bhd. in March 2022, to undertake main building works for two blocks of apartments housing 454 residential units, on top of four levels of car park and residential facilities, and a two-storey basement parking.

This development is scheduled to be completed within 36 months from 1 May 2022.