Pesona Metro bags RM1619m construction job

KUALA LUMPUR (Jan 26) Pesona Metro Holdings Bhd has bagged a RM16186 million contract

from Sime Darby Property (Subang) Sdn Bhd (SDPS) to build serviced apartments in Subang Jaya

Selangor

In a ling with Bursa Malaysia today Pesona Metro said its wholly-owned subsidiary Pesona Metro

Sdn Bhd has accepted the letter of award from SDPS for the project

The project consists of two blocks of 20-storey residential towers housing 361 units one level of

facilities three levels of commercial units nine levels of elevated carpark and one level of

basement carpark

Pesona Metro said it will be using internal funds for the project

Adela Megan Willy theedgemarketscomJanuary 26 2018 1817 pm +08

The project is for a duration of 39 months commencing Jan 30 2018 it added The project is

expected to contribute positively to the earnings and enhance the groups net assets during the

duration of the project

Pesona Metro shares closed up 11 or 05 sen at 45 sen today valuing the group at RM30923

million

Source httpwwwtheedgemarketscomarticlepesona-metro-bags-rm1619m-construction-jobWmvahf-5eAkemail

15 April 2015Pesona Metro bags RM26675m job tobuild SoHo ofce building in Cyberjaya21 August 2015

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