FajarBaru unit secures RM246.1 mil contract from WCT

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KUALA LUMPUR: Fajarbaru Builder Group Bhd’s wholly-owned subsidiary, Fajarbaru Builder Sdn Bhd (FBSB), has secured a contract from WCT Construction Sdn Bhd, an indirect subsidiary of WCT Holdings Bhd, to undertake the second phase development of AdisonWest located in Larkinton, Johor Bahru, worth RM246.10 million.

"We are thrilled to take on the Phase 2 development, which underscores our commitment to delivering high-quality projects,” he said.

Following the award of this contract, the group’s order book stands at RM1.23 billion and will provide it with earnings visibility until 2027.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Fajarbaru Builder FBSB Corporate News /Business/Business News WCT Construction

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 18:26:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 297 words

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Sentences: 12 lines

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Copyright Owner: © The Star

News ID: 23085778

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