Pintaras Jaya wins RM36m contract

Business & Markets 2013
Written by Kamarul Anwar of theedgemalaysia.com
Thursday, 25 April 2013 17:31
A + / A - / Reset
Thursday, April 25, 2013
KUALA LUMPUR (April 25): PINTARAS JAYA BHD [], a
CONSTRUCTION [] and engineering firm, has secured another contract
for the year, this time valued at RM36 million.
In a filing to Bursa Malaysia, the firm said its wholly owned subsidiary
Pintaras Geotechnics Sdn Bhd had received a letter of award from
Permata Cermat Sdn Bhd to undertake earthworks, piling works and
retaining walls for a proposed condominium project in Mont’ Kiara.
The said works, said Pintaras Jaya, is set to begin on April 30, 2013
and has a completion period of 13 months.
“The said contract is expected to contribute positively to Pintaras Jaya
group’s future earnings,” the firm commented.
Less than two weeks ago, Pintaras Jaya announced it had received a
RM20.6 million from Mudajaya Corporation Bhd for bored piling works
related to the Mass Rapid Transit project.
All in, Pintaras Jaya has announced four contract wins this year, with a
cumulative value of RM133.56 million.