Geohan Corporation's (KLSE:GEOHAN) wholly-owned subsidiary Geohan has received a letter of award for an order worth 37 million ringgit from Chin Hin Property (Segambut), a subsidiary of Chin Hin Group Property (KLSE:CHGP), according to a Monday filing to the Malaysian stock exchange.
Under the contract, Geohan will act as the specialist contractor for earthworks, piling, and substructure construction for a high-rise residential development located in Mukim Batu, Kuala Lumpur, Malaysia.
The project is expected to be completed by the end of August 2027.
With this, the geotechnical engineering specialist's year-to-date contract wins have increased to around 250 million ringgit, and its total outstanding order book has risen to 457 million ringgit.