Jati Tinggi Bags RM31.58 Mln Contract For Underground Cable Works In Selangor
KUALA LUMPUR, July 29 (Bernama) -- Jati Tinggi Group Bhd's (JTBG) wholly owned subsidiary, Jati Tinggi Holding Sdn Bhd (JTHSB), has secured a RM31.58 million sub-contract from Pintar Gembira Sdn Bhd for underground cable works.
In a filing with Bursa Malaysia today, JTBG said the scope of works would include the installation, testing and commissioning of cables and accessories in Selangor and the South Zone.
The company said JTHSB accepted the letter of award on July 29, 2025.
"The nature of the Contract is to lay 11kV underground cables for asset development in Selangor and South Zone," it said.
JTBG said that the contract period is 20 months from the commencement date, which shall be determined later.
"The letter of award is expected to contribute positively to the future earnings, earnings per share and net assets per share of the company over the duration of the contract," it added.
-- BERNAMA