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Pintaras wins RM74m PNB Warisan Merdeka tower contract

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Pintaras wins RM74m PNB Warisan Merdeka tower contract Empty Pintaras wins RM74m PNB Warisan Merdeka tower contract

Post by Cals Wed 12 Mar 2014, 20:35

Pintaras wins RM74m PNB Warisan Merdeka tower contract
Business & Markets 2014
Written by Ahmad Naqib Idris Adzman Shah of theedgemalaysia.com   
Wednesday, 12 March 2014 18:52

KUALA LUMPUR (Mar 12): Pintaras Jaya Bhd has won a RM74 million contract to undertake foundation work for the proposed Warisan Merdeka tower here.

News reports indicate that the 118-storey Warisan Merdeka tower is located adjacent to the Chin Woo Stadium along Jalan Sultan here. Permodalan Nasional Bhd is the developer of the tower.

Pintaras said in a statement to Bursa Malaysia that its subsidiary Pintaras Geotechnics Sdn Bhd had received a commencement date notice for the project today from PNB Merdeka Ventures Sdn Bhd.

According to Pintaras, the foundation work will commence next Monday (March 17). The project will take about a year to complete.

"The said contract is expected to contribute positively to PJB Group's (Pintaras) future earnings," the group said.
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