Bursa Announcements

Date : 23 May 2017

OTHERS Acceptance of Letter of Award

KERJAYA PROSPEK GROUP BERHAD

Type Announcement
Subject OTHERS
Description
Acceptance of Letter of Award

The Board of Directors of Kerjaya Prospek Group Berhad ("Company") is pleased to announce that its wholly-owned subsidiary company, Kerjaya Prospek (M) Sdn. Bhd. ("KPSB"), has on 23 May 2017 accepted a letter of award (“LA”) from TSM Tower Sdn Bhd (“TSM”) at the total contract sum of Ringgit Malaysia Seventy Seven Million Only (RM77,000,00.00) (“Contract”).

The Contract is for the building and external works for a proposed development project comprising of one (1) block of twenty-four (24) storey office building on Lot 67328, Jalan PJU 7/6, Mutiara Damansara, Mukim Sungai Buluh, Daerah Petaling, Selangor Darul Ehsan, which is a development project of TSM Towers Sdn Bhd.

The construction works to be undertaken by KPSB is expected to commence on 29 May 2017 (“Date of Commencement”) and due to be completed on 28 August 2018.

The Contract will further increase and enhance the existing order book of the Company and its group of companies ("Group").

The Contract will have no effect on the issued share capital of the Company but it is expected to contribute positively to the earnings and net assets per share of the Company and the Group for the financial years ending 2017 to 2018.

None of the directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect, in the Contract.

A copy of the press release in relation to the above is attached for information.

This announcement is dated 23 May 2017.




Please refer attachment below.



Announcement Info

Company Name KERJAYA PROSPEK GROUP BERHAD
Stock Name KERJAYA
Date Announced 23 May 2017
Category General Announcement for PLC
Reference Number GA1-23052017-00019


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