KUALA LUMPUR, Oct 22 (Bernama) -- Kerjaya Prospek Group Bhd, through a consortium involving its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd (KPMSB), has secured a RM568.19 million contract from Tenaga Nasional Bhd (TNB) for the execution and establishment of Paka GIS in Terengganu.
Business : Kerjaya Prospek Consortium Secures RM568.19 Mln TNB Contract
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Key takeaways
Kerjaya Prospek Group secured a RM568.19 million contract from TNB to establish Paka GIS in Terengganu. The project is executed by a consortium led by Jati Tinggi Holding, with Kerjaya Prospek holding a 25 percent stake.
- TNB awarded the RM568.19 million contract for Paka GIS execution in Terengganu.
- Consortium profit shares are 55% Jati Tinggi, 25% Kerjaya Prospek, and 20% Betapac.
- The contract is expected to boost group earnings and net assets per share through 2028.
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- Bernama Business : Kerjaya Prospek Consortium Secures RM568.19 Mln TNB Contract (this story)