Kerjaya Prospek Group (KLSE:KERJAYA) said its subsidiary has accepted a letter of award for a contract worth 223 million ringgit from Sunway Majestic, according to a Wednesday filing to the Malaysian stock exchange.
The contract is for the construction and completion of main building works at Jalan Yahya Awal, Malaysia, including execution of main building works for 1,012 units of SOHO for the proposed development comprising two buildings.
The contract will start on Sept. 1 and will be completed within 32 months. It is expected to provide an additional stream of revenue for the group over the next three years and strengthen the company's existing order book.