KUALA LUMPUR: Aneka Jaringan Holdings Bhd’s wholly owned subsidiary, Aneka Jaringan Sdn Bhd, has secured a subcontract to undertake the bored piling and reverse circulation drilling (RCD) works for Package 1 (Section 1 and 2A) of the New Pantai Highway Extension Project worth RM82.8 million from IJM Construction Sdn Bhd.
The commencement date of the subcontract is March 2, 2026 and sectional Completion 1 is within 18 months from the date of possession of site, while sectional Completion 2 (Ramp D – Pier D3 to D8) is within three months from the date of possession of site.
“For RCD Works, the timeline is within 20 months from the date of possession of site,” Aneka Jaringan said in a filing with Bursa Malaysia recently.
The subcontract, however, is expected to contribute positively to Aneka Jaringan’s consolidated earnings and net assets for the financial years ending August 31, 2026, August 31, 2027 and August 31, 2028 during the duration of the subcontract. – BERNAMA
