KUALA LUMPUR: Mitrajaya Holdings Bhd's wholly-owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, has bagged a contract from the East Coast Economic Region Development Council (ECERDC) worth RM68.8 million.
In a filing to Bursa Malaysia today, the company said the contract involved the construction and completion of road improvement works to the existing road from Kg Kahang to Sungai Emas (Southern Package), Endau Rompin National Park, Johor.
The contract is for a duration of 120 weeks from the date for possession of site on Nov 15, 2022 and is expected to complete by March 3, 2025.
"The contract is expected to contribute positively to the earnings and net assets of Mitrajaya Group for the financial years ending Dec 31, 2023 to 2025.
"The contract will not have effect on the share capital and shareholding structure of Mitrajaya," it said.