corporate

Varia unit bags RM555m sub-contract for Mak Mandin sewage treatment plant

KUALA LUMPUR: Varia Bhd's unit Pembinaan Teguh Maju Sdn Bhd has been awarded a RM555 million job to supply labour, tools and transport for the design, build and completion of the Mak Mandin sewage treatment plant.

The job was awarded by Best Metro Builder Sdn Bhd.

The contract will run for a period of 57 months from June 25, 2024 until March 24, 2029.

Varia, formerly known as Stella Holdings Bhd, closed unchanged at 90.5 sen at midday, giving it a market capitalisation of RM377.4 million.

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