BUSINESS

GNCB BAGS PWD MRSM CONTRACT WORTH RM97.39 MLN

18/03/2021 06:14 PM

KUALA LUMPUR, March 18 –  Gagasan Nadi Cergas Bhd (GNCB) has secured a contract worth RM97.39 million for the construction and completion of a Mara Junior Science College (MRSM) in Dungun, Terengganu from the Public Works Department Malaysia (PWD).

In a filing with Bursa Malaysia, GNCB said its wholly-owned subsidiary, Nadi Cergas Sdn Bhd (NCSB), has received the letter of award from PWD in relation to the bid submitted for the Design and Build Turnkey Contract for the project.

"The contract is for a duration of 133 weeks from the date of site possession on March 29, 2021, and the completion date is Oct 15, 2023,” it said, adding that the contract will be formalised in due course.

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