Protasco Berhad (“Protasco”) is pleased to announce that its subsidiary, Empayar Indera Sdn. Bhd. has been awarded by the state Government of Perak both routine and periodic maintenance works for state roads in the State of Perak for a contract period of 5 years until 31 December 2024 with an extension of another 2 years until 31 December 2026 (“Contract”).
The award is an extension of the existing maintenance contract with the state Government of Perak, which is expiring in December 2019.
The contract sum for the first 2 years shall be approximately RM126.1 million and shall be subject to review every 2 years during the contract period of 5 plus 2 years.
The Contract is expected to contribute positively to the future earnings of Protasco Group.