KUALA LUMPUR: Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has been awarded a contract for the main building works of the proposed development project known as Vertu Resort in Penang from Aspen Vision City worth RM442 million.
In a statement today, Kerjaya Prospek said the project will comprise of five condominium blocks ranging from 20-storeys to 36-storeys consisting of 1,246 units of condominiums to be built above an eight-storey car park podium with one-storey above the car park for community recreational facilities.
It said the construction works of the project will take 38 months from its scheduled commencement on Sept 4, 2017 and is targeted for completion by Nov 4, 2020.
This project is Kerjaya Prospek’s sixth contract award for the year and brings the year-to-date contract wins to RM868 million.
Subsequently, Kerjaya Prospek’s current outstanding orderbook stands at RM2.9 billion, it said.
Kerjaya Prospek said the contract is expected to contribute positively to the earnings and net assets per share of the company and the group for the financial years ending 2017 to 2020.