BUSINESS

COMINTEL UNIT WINS RM52.8 MLN CONSTRUCTION CONTRACT

25/07/2022 06:22 PM

KUALA LUMPUR, July 25 (Bernama) -- Comintel Corp Bhd’s wholly-owned subsidiary, Total Package Work Sdn Bhd has bagged a RM52.8 million construction contract from Mightyprop Sdn Bhd.

In a filing with Bursa Malaysia today, Comintel said its unit has accepted a letter of award for construction and completion of piling, pile cap and lowest basement works on one block of serviced apartments, car park and basement parking in respect of a proposed development in Damansara Perdana, Selangor.

“The contract shall commence on Aug 1, 2022 and to be completed within nine months from the commencement date,” the group said.

It added that the contract is expected to provide an additional income stream for the group over the next two financial years.

-- BERNAMA


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