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FINWIRES

Scanwolf Unit Bags MYR21 Million Construction Works Deal; Shares Rise 3%

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Scanwolf (KLSE:SCNWOLF) unit Scanwolf Trading & Construction secured a 21 million ringgit letter of award from SG. Besi Construction for foundation works in a strata factory development in Selangor, Malaysia, according to a Friday Malaysian bourse filing.

Shares gained 3% in Monday's afternoon trade.

The fixed-price subcontract covers construction, completion, testing, and commissioning works for a nine-storey strata factory project.

Deal work is scheduled to begin on June 12, 2026, and is expected to be completed by June 11, 2027,

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