Share
- The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.
KUALA LUMPUR (July 12): Minetech Resources Bhd (KL:MINETEC) has bagged a contract to undertake the proposed construction and completion of road and drainage works for Banting Industrial City in Kuala Langat, Selangor, worth RM4.05 million.
The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.
"The award of this project to Minetech adds to the support in infrastructure development. The Banting Industrial City contract is not just a testament to our robust expertise in civil engineering, but also a strategic enhancement to our competitive edge in the industry," its executive chairman Abang Abdillah Izzarim said.
Just last week, Minetech announced that it had secured a similar road and drainage system upgrade contract in Kuala Lumpur from a subsidiary of Mah Sing Group Bhd (KL:MAHSING), MyVilla Development Sdn Bhd, worth RM16.10 million.
Shares in Minetech closed unchanged at 14.5 sen on Friday, as its market capitalisation stood at RM258.82 million.
Looking to buy a home? Sign up for EdgeProp START and get exclusive rewards and vouchers for ANY home purchase in Malaysia (primary or subsale)!
TOP PICKS BY EDGEPROP
Encorp Strand Garden Office
Petaling Jaya, Selangor
Jewels of Grasmere, Setia Marina
Cyberjaya, Selangor
Isle of Botanica, Setia Eco Glades
Cyberjaya, Selangor
Liu Li Garden, Setia Eco Glades
Cyberjaya, Selangor
Eastern Heritage, Setia Eco Glades
Cyberjaya, Selangor
The Parque Residence @ Eco Santuary
Telok Panglima Garang, Selangor
Freesia Residences @ Tropicana Aman
Telok Panglima Garang, Selangor
