Bursa Announcements

Date : 26 April 2021

OTHERS ACCEPTANCE OF LETTER OF AWARD AMOUNTING TO RINGGIT MALAYSIA TWO HUNDRED AND TWO MILLION SIX HUNDRED THOUSAND FROM TANJUNG PINANG DEVELOPMENT SDN. BHD. IN RESPECT OF CONTRACT WORKS FOR EXECUTION AND COMPLETION OF GURNEY MARINE BRIDGE CROSSING THE SEA LINKING JALAN GURNEY TO STP2 ISLAND, 55.47M WIDE MAIN ROAD FROM GURNEY MARINE BRIDGE TO GURNEY ROUNDABOUT, UPGRADING OF GURNEY ROUNDABOUT AND ALL OTHER ASSOCIATED CIVIL ENGINEERING WORKS FOR THE PROPOSED SERI TANJUNG PINANG (PHASE 2) DEVELOPMENT

KERJAYA PROSPEK GROUP BERHAD

Type Announcement
Subject OTHERS
Description
ACCEPTANCE OF LETTER OF AWARD AMOUNTING TO RINGGIT MALAYSIA TWO HUNDRED AND TWO MILLION SIX HUNDRED THOUSAND FROM TANJUNG PINANG DEVELOPMENT SDN. BHD. IN RESPECT OF CONTRACT WORKS FOR EXECUTION AND COMPLETION OF GURNEY MARINE BRIDGE CROSSING THE SEA LINKING JALAN GURNEY TO STP2 ISLAND, 55.47M WIDE MAIN ROAD FROM GURNEY MARINE BRIDGE TO GURNEY ROUNDABOUT, UPGRADING OF GURNEY ROUNDABOUT AND ALL OTHER ASSOCIATED CIVIL ENGINEERING WORKS FOR THE PROPOSED SERI TANJUNG PINANG (PHASE 2) DEVELOPMENT

The Board of Directors of Kerjaya Prospek Group Berhad (the “Company” and together with its subsidiaries, the “Group”) wishes to announce that a consortium comprising its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn. Bhd. and Gamuda Engineering Sdn. Bhd., a wholly-owned subsidiary of Gamuda Berhad, namely, Kerjaya Gamuda Joint Venture, have on 26 April 2021 accepted a letter of award from Tanjung Pinang Development Sdn. Bhd. (“TPD”), for execution and completion of Gurney Marine Bridge crossing the sea linking Jalan Gurney to STP2 Island, 55.47m wide main road from Gurney Marine Bridge to Gurney roundabout, upgrading of Gurney roundabout and all other associated civil engineering works for the proposed Seri Tanjung Pinang (Phase 2) Development (“STP2”), Pulau Pinang through the abovesaid unincorporated joint venture, Kerjaya Gamuda Joint Venture (“Contract”).

 

TPD is an indirect subsidiary company of Eastern & Oriental Berhad (“E&O”).

 

The total contract value for the Contract is Ringgit Malaysia Two Hundred And Two Million Six Hundred Thousand Only (RM202,600,000.00).

 

Details of the announcement are set out in the file attached and more information about the Contract can be found in the attached press release.

 

This announcement is dated 26 April 2021.




Please refer attachment below.



Announcement Info

Company Name KERJAYA PROSPEK GROUP BERHAD
Stock Name KERJAYA
Date Announced 26 Apr 2021
Category General Announcement for PLC
Reference Number GA1-26042021-00131


Back