BUSINESS

Kerjaya Prospek Bags First Contract Win This Year Worth RM201.3 Mln

15/01/2026 03:26 PM

KUALA LUMPUR, Jan 15 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd has been awarded a RM201.3 million contract by Greencove Sdn Bhd to build residential apartments in Selangor.

In a statement today, chief executive officer Tee Eng Tiong said its first construction contract win for this year lifts the company’s total outstanding order book to RM4.4 billion.

“With a targeted RM2.0 billion in order book replenishment for the financial year ending 2026, we remain focused on strengthening our portfolio with projects that capitalise on our proven construction capabilities,” he said.

The construction of two blocks of 39-storey residential apartments in Damansara Damai, alongside podium parking facilities, commercial spaces, among others, to commence on April 1, 2026 and is expected to be completed within 40 months.

As 2026 marks the first year of the 13th Malaysia Plan, Tee said it remains optimistic about the outlook for the construction sector amid ongoing urbanisation, sustained infrastructure investments and resilient demand for residential developments.

“Looking ahead, we will continue to diversify our project mix beyond residential construction into higher-growth segments such as data centres and industrial developments,” he added.

-- BERNAMA

 

 

 


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