Trending News: MAB Focuses On Enhancing Training, Hiring Workers To Address Demand, Modern AircraftKenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 PctJumio’s Patent Count Exceeds 300, Reinforcing Position In Identity SolutionsMITI Finalising Sustainable Development Guidelines For Data CentresXsolla Reaffirms Market Leadership With Over 400 Web Shops LaunchesGovt To Ensure Construction Sector Remains Competitive, Sustainable – PM AnwarKerjaya Prospek Group Bags Two Contracts Worth RM34.43 MlnMalaysia’s Electrified Vehicle Count Reaches 33,319 Units As Of Sept 30 — Tengku ZafrulCIDB Calls On Construction Sector To Focus On Sustainable MethodSC’s Audit Oversight Board Prohibits Auditor From Auditing For One YearPAMB, UNIMAS Jointly Host Sarawak Grads Financial ConventionMalaysia’s Energy Transition Development Attracts Interest Of Japanese – FadillahBudget 2025: RM15.1 Mln To Bolster Smart City DevelopmentMalaysia Should Utilise COP16 Platform To Showcase Biodiversity Conservation – ExpertsOPUS International And HSS Engineering Forge Strategic Joint Venture To Lead Infrastructure Development Across Southeast Asia And Middle East‘Cicak’ Nabbed For Alleged Involvement In 22 House Break-insPart 2: Families In Despair As Millions In Pilot Training Funds Go MissingHigh Court Rules ‘Duta Enclave’ Should Be Retured To Semantan EstateHytera To Revolutionize Mobile Workforce Communication By Launching P5 Series Poc RadioSyed Muhammad Naquib Contributes Greatly To Islamic Thought And Civilisation – PM AnwarMMEA To Receive New Ships, Upgrade Fleet With RM675 Million AllocationClose Encounters Of Two Teenage Girls With Suspected KidnappersOrganisations Should Integrate ESG, Help Cut Greenhouse Gas Emissions – Nik NazmiBursa Malaysia Ends Lower For Third Consecutive DayMPs voice Support, Concerns Over Minimum Wage IncreasePakistani Man Nabbed For Attempting To Bribe PolicemanKPWKM Committed To Tackling Domestic Violence Issue – NorainiCustoms Dept Denies Viral Claims Of DG Interference In S’wak Vehicle Smuggling CaseAirAsia Combo Units To Cut Co2 Emissions By 20,000 Tonnes Annually – LokeSOJC: Malaysia Suffer Third Consecutive Defeat After 2-4 Loss To IndiaKuala Kangsar Water Sport Festival Postponed In View Of Current Flood Situation In PerakNanny’s Chilling Experience Of Nearly Falling Prey To Human Trafficking SyndicateCourt Of Appeal Sets Dec 5 For Najib’s House Arrest Addendum Appeal HearingMalaysia To Collaborate With Various Stakeholders In Pursuit Of UHC and SDG 2030Unbelievable Jeff! IriusRisk Introduces an AI-powered Tool Which Can Generate Threat Models From ImagesBudget 2025 To Attract More Quality Investments, Making Malaysia Preferred Investment Destination – MIDARM2 Billion Allocation Shows Madani Govt’s Commitment To Upholding Islam – IKIMPolice Nab Man For Robbing Hotel EmployeeSix New Fire Stations To Improve Response Time In Six LocationsFloods: 468 Evacuees Still Seeking Shelter At Relief CentresEBC Financial Group Expands Partnership with DiNapoli’s Leading Indicators, Revealing Key Strategies for Navigating Black Swan EventsCPO Futures Close Higher On Expectation Of Weaker Production35 New Projects For Construction Of Additional PPKI Buildings Nationwide Next YearGold Futures Close Marginally LowerCooperative Board Member On Remand For Power AbuseNicol David Appointed As ITA’s Education AmbassadorNational Fraud Portal Cuts Fund-tracing Time To 30 Minutes, Boosts Frozen FundsSupplementary Electoral Roll For September 2024 Open For Review – ECQuantexa Recognized as Category Leader in the RiskTech Quadrant® for KYC SolutionsMMEA Vessel KM Sebatik Back In Service After RefitAudit Important To Ensure Accuracy Of Financial Reports, Compliance With Tax Laws – IRBAnwar Hails Achievement Of ‘Magnificent Seven’ In Olympics, ParalympicsGovt Drafting Plan To Recover 420,000 Hectares Of Abandoned Rubber LandEnergy Storage Key To Solar Power Integration — CitaglobalAppeals Court Reserves Decision On Bribery Appeals By Former Ministry Sec-Gen And SonRinggit Ends Lower Vs US Dollar As External Factors Weigh1,236 Terengganu Police Officers, Personnel On Standby For FloodsPM Anwar And JBIC Discuss Green Energy, Digitalisation Industry InvestmentsBlack and Veatch Serves As Owner’s Engineer For Combined Cycle Power Plant In SarawakFBM KLCI Futures Ends Mostly LowerThree Policemen Charged With Accepting RM3,000 BribePenang FC To Make Final Drastic Decision Soon4.4 Mln Vehicles From S’pore Paid Almost rm88 Mln To Enter Johor In Nine Months – LokeBursa Malaysia’s Early Gains Erode As Investors Lock In ProfitsDiesel Subsidy Claims Down By 51.6 Pct In August Vs May — Economy MinistryPerform Cost-Benefit Analysis For Targeted Subsidies – RafidahAs ASEAN Chair In 2025, Malaysia Should Prioritise People-centric Measures, Intra-ASEAN Trade – ExpertsKodansha’s App K MANGA Branches Into Canada, Australia, New Zealand, SingaporeMalaysia Exports Palm-Based Oleochemicals Worth RM2.82 Bln To China In 2023 – JohariKPK Approves 3,599-hectare Land For Oil Palm Replanting Under TSPKS 2.0 As Of OctoberJBIC Commits To Enhancing Japanese Investments In Malaysia – PM AnwarGamuda Secures RM4.3 Bln Turnkey Contract For Xizhi Donghu MRT Project In TaiwanAugment Threat Models With AI-assistant Jeff – IriusRiskBudget 2025 To Balance Between Fostering Economic Growth And Strengthening Currency- RHBAMJohor Plantations Group Aims To Boost CPO Production By 30 PctBudget 2025: Increase In KDN Allocation Empowers Enforcement AgenciesFlood: Perak, Selangor See Drop In Evacuees, New PPS Open In Sarawak, KLCopilotIQ and Biofourmis Merge to Create the First End-to-End Platform for AI-Driven In-Home CarePERKESO-Specific Initiatives Reflect Government’s Wish To Create Inclusive, Sustainable EconomyInvesting In Children Not Merely Moral Obligation But Economic Necessity – Abang JoElectrician Pleads Not Guilty To Mischief, Causing Hurt To ManMCMC Begins Public Consultation On Draft COC For Social Media PlatformsHome Ministry To Prioritise Upgrading Police Stations, IPDs – Saifuddin NasutionBursa Malaysia Marginally Lower At Midday In Cautious TradingSUKMA 2024: ADAMAS Declares Sarawak SUKMA As Doping-free GamesSenior Citizen Charged With Cheating Businessman Friend Of RM500,000 In Investment RepaymentForest Reserve, Eco Rimba Park Activities In Pahang Temporarily SuspendedKPT, PTPTN Collaborating With Madani Monitoring Unit To Study New PTPTN Financing ModelFour Men Arrested In Connection With Murder In BidorTerengganu Cops Seized RM3.6 Mln Worth Of Drugs This YearACLE 2024/25: JDT Suffer First Defeat, 1-3 Against GwangjuFree To Organise Assembly, But Comply With Stipulated Rules – Shamsul AnuarCrimes In Ipoh Under Control – Perak Deputy Police ChiefKPKT Reaches 89 Pct Of 500,000 Affordable Homes Target As Of SeptemberSDEC,CENTEXS And Angkasa-X To Collaborate On Space-related IndustryTeo Distributes Murukku To BERNAMA Staff For Deepavali‘Fathers And Their Wisdom’ Book Launch: Rafidah Aziz Calls For Greater Appreciation Of ParentsBudget 2025: A Strategic Investment Proposition to Propel Malaysia ForwardGovt Should Clarify Mandatory Foreign Worker EPF Contribution Proposal – MPNew Committee Formed To Rationalise Federal Statutory Bodies And GLCs- Anwar
Thu. Oct 24th, 2024
Trending News: MAB Focuses On Enhancing Training, Hiring Workers To Address Demand, Modern AircraftKenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 PctJumio’s Patent Count Exceeds 300, Reinforcing Position In Identity SolutionsMITI Finalising Sustainable Development Guidelines For Data CentresXsolla Reaffirms Market Leadership With Over 400 Web Shops LaunchesGovt To Ensure Construction Sector Remains Competitive, Sustainable – PM AnwarKerjaya Prospek Group Bags Two Contracts Worth RM34.43 MlnMalaysia’s Electrified Vehicle Count Reaches 33,319 Units As Of Sept 30 — Tengku ZafrulCIDB Calls On Construction Sector To Focus On Sustainable MethodSC’s Audit Oversight Board Prohibits Auditor From Auditing For One YearPAMB, UNIMAS Jointly Host Sarawak Grads Financial ConventionMalaysia’s Energy Transition Development Attracts Interest Of Japanese – FadillahBudget 2025: RM15.1 Mln To Bolster Smart City DevelopmentMalaysia Should Utilise COP16 Platform To Showcase Biodiversity Conservation – ExpertsOPUS International And HSS Engineering Forge Strategic Joint Venture To Lead Infrastructure Development Across Southeast Asia And Middle East‘Cicak’ Nabbed For Alleged Involvement In 22 House Break-insPart 2: Families In Despair As Millions In Pilot Training Funds Go MissingHigh Court Rules ‘Duta Enclave’ Should Be Retured To Semantan EstateHytera To Revolutionize Mobile Workforce Communication By Launching P5 Series Poc RadioSyed Muhammad Naquib Contributes Greatly To Islamic Thought And Civilisation – PM AnwarMMEA To Receive New Ships, Upgrade Fleet With RM675 Million AllocationClose Encounters Of Two Teenage Girls With Suspected KidnappersOrganisations Should Integrate ESG, Help Cut Greenhouse Gas Emissions – Nik NazmiBursa Malaysia Ends Lower For Third Consecutive DayMPs voice Support, Concerns Over Minimum Wage IncreasePakistani Man Nabbed For Attempting To Bribe PolicemanKPWKM Committed To Tackling Domestic Violence Issue – NorainiCustoms Dept Denies Viral Claims Of DG Interference In S’wak Vehicle Smuggling CaseAirAsia Combo Units To Cut Co2 Emissions By 20,000 Tonnes Annually – LokeSOJC: Malaysia Suffer Third Consecutive Defeat After 2-4 Loss To IndiaKuala Kangsar Water Sport Festival Postponed In View Of Current Flood Situation In PerakNanny’s Chilling Experience Of Nearly Falling Prey To Human Trafficking SyndicateCourt Of Appeal Sets Dec 5 For Najib’s House Arrest Addendum Appeal HearingMalaysia To Collaborate With Various Stakeholders In Pursuit Of UHC and SDG 2030Unbelievable Jeff! IriusRisk Introduces an AI-powered Tool Which Can Generate Threat Models From ImagesBudget 2025 To Attract More Quality Investments, Making Malaysia Preferred Investment Destination – MIDARM2 Billion Allocation Shows Madani Govt’s Commitment To Upholding Islam – IKIMPolice Nab Man For Robbing Hotel EmployeeSix New Fire Stations To Improve Response Time In Six LocationsFloods: 468 Evacuees Still Seeking Shelter At Relief CentresEBC Financial Group Expands Partnership with DiNapoli’s Leading Indicators, Revealing Key Strategies for Navigating Black Swan EventsCPO Futures Close Higher On Expectation Of Weaker Production35 New Projects For Construction Of Additional PPKI Buildings Nationwide Next YearGold Futures Close Marginally LowerCooperative Board Member On Remand For Power AbuseNicol David Appointed As ITA’s Education AmbassadorNational Fraud Portal Cuts Fund-tracing Time To 30 Minutes, Boosts Frozen FundsSupplementary Electoral Roll For September 2024 Open For Review – ECQuantexa Recognized as Category Leader in the RiskTech Quadrant® for KYC SolutionsMMEA Vessel KM Sebatik Back In Service After RefitAudit Important To Ensure Accuracy Of Financial Reports, Compliance With Tax Laws – IRBAnwar Hails Achievement Of ‘Magnificent Seven’ In Olympics, ParalympicsGovt Drafting Plan To Recover 420,000 Hectares Of Abandoned Rubber LandEnergy Storage Key To Solar Power Integration — CitaglobalAppeals Court Reserves Decision On Bribery Appeals By Former Ministry Sec-Gen And SonRinggit Ends Lower Vs US Dollar As External Factors Weigh1,236 Terengganu Police Officers, Personnel On Standby For FloodsPM Anwar And JBIC Discuss Green Energy, Digitalisation Industry InvestmentsBlack and Veatch Serves As Owner’s Engineer For Combined Cycle Power Plant In SarawakFBM KLCI Futures Ends Mostly LowerThree Policemen Charged With Accepting RM3,000 BribePenang FC To Make Final Drastic Decision Soon4.4 Mln Vehicles From S’pore Paid Almost rm88 Mln To Enter Johor In Nine Months – LokeBursa Malaysia’s Early Gains Erode As Investors Lock In ProfitsDiesel Subsidy Claims Down By 51.6 Pct In August Vs May — Economy MinistryPerform Cost-Benefit Analysis For Targeted Subsidies – RafidahAs ASEAN Chair In 2025, Malaysia Should Prioritise People-centric Measures, Intra-ASEAN Trade – ExpertsKodansha’s App K MANGA Branches Into Canada, Australia, New Zealand, SingaporeMalaysia Exports Palm-Based Oleochemicals Worth RM2.82 Bln To China In 2023 – JohariKPK Approves 3,599-hectare Land For Oil Palm Replanting Under TSPKS 2.0 As Of OctoberJBIC Commits To Enhancing Japanese Investments In Malaysia – PM AnwarGamuda Secures RM4.3 Bln Turnkey Contract For Xizhi Donghu MRT Project In TaiwanAugment Threat Models With AI-assistant Jeff – IriusRiskBudget 2025 To Balance Between Fostering Economic Growth And Strengthening Currency- RHBAMJohor Plantations Group Aims To Boost CPO Production By 30 PctBudget 2025: Increase In KDN Allocation Empowers Enforcement AgenciesFlood: Perak, Selangor See Drop In Evacuees, New PPS Open In Sarawak, KLCopilotIQ and Biofourmis Merge to Create the First End-to-End Platform for AI-Driven In-Home CarePERKESO-Specific Initiatives Reflect Government’s Wish To Create Inclusive, Sustainable EconomyInvesting In Children Not Merely Moral Obligation But Economic Necessity – Abang JoElectrician Pleads Not Guilty To Mischief, Causing Hurt To ManMCMC Begins Public Consultation On Draft COC For Social Media PlatformsHome Ministry To Prioritise Upgrading Police Stations, IPDs – Saifuddin NasutionBursa Malaysia Marginally Lower At Midday In Cautious TradingSUKMA 2024: ADAMAS Declares Sarawak SUKMA As Doping-free GamesSenior Citizen Charged With Cheating Businessman Friend Of RM500,000 In Investment RepaymentForest Reserve, Eco Rimba Park Activities In Pahang Temporarily SuspendedKPT, PTPTN Collaborating With Madani Monitoring Unit To Study New PTPTN Financing ModelFour Men Arrested In Connection With Murder In BidorTerengganu Cops Seized RM3.6 Mln Worth Of Drugs This YearACLE 2024/25: JDT Suffer First Defeat, 1-3 Against GwangjuFree To Organise Assembly, But Comply With Stipulated Rules – Shamsul AnuarCrimes In Ipoh Under Control – Perak Deputy Police ChiefKPKT Reaches 89 Pct Of 500,000 Affordable Homes Target As Of SeptemberSDEC,CENTEXS And Angkasa-X To Collaborate On Space-related IndustryTeo Distributes Murukku To BERNAMA Staff For Deepavali‘Fathers And Their Wisdom’ Book Launch: Rafidah Aziz Calls For Greater Appreciation Of ParentsBudget 2025: A Strategic Investment Proposition to Propel Malaysia ForwardGovt Should Clarify Mandatory Foreign Worker EPF Contribution Proposal – MPNew Committee Formed To Rationalise Federal Statutory Bodies And GLCs- Anwar
Thu. Oct 24th, 2024

Kerjaya Prospek Group Bags Two Contracts Worth RM34.43 Mln


KUALA LUMPUR, Kerjaya Prospek Group Bhd (Kerjaya) has secured two contracts worth RM34.43 million from wholly-owned subsidiaries of Kerjaya Prospek Property Bhd (KPPB), a company owned by certain Kerjaya directors and major shareholders.

The construction group said its unit Kerjaya Prospek (M) Sdn Bhd yesterday accepted a letter of award valued at RM18.45 million from Greencove Sdn Bhd and a letter of award worth RM15.98 million from Pixel Valley Sdn Bhd.

The first contract pertains to site clearance, earthworks, piling, and related structural works for a proposed development in Damansara Damai, Selangor; while the second involves piling and pile caps works for a proposed development in Batu Kawan, Penang, said Kerjaya in separate filings with Bursa Malaysia today.

Both contracts, to begin on Nov 5, 2024, will be completed in 18 months from the commencent date, it said.

‘The acceptance of the contract is in the ordinary course of business of KPM and is undertaken on an arm’s length basis, based on normal
commercial terms which are not more favourable than those generally available to the public.

‘In addition, the contract is expected to provide an additional stream of revenue for the group over the next two years,’ it added in both filings.

In a press statement, Kerjaya chief executive officer and executive director Tee Eng Tiong said the group is pleased to secure these two contracts, which reflect commitment to deliver high-quality construction services.

‘With a total of 10 contracts secured year-to-date amounting to RM1.6 billion, our outstanding order book now stands at RM4.5 billion.

‘We look forward to further solidifying our market position and contribute significantly to the success of these developments,’ he added.

Kerjaya chairman Datuk Seri Tee Eng Ho is a major shareholder of Kerjaya and KPPB by virtue of his deemed interest in both companies via companies in which he, his spouse Datin Seri Toh Siew Chuon and his brother Datuk Tee Eng Seng have direct and deemed interest.

Toh is also the exe
cutive chairperson of KPPB while Eng Seng is its executive director.

Source: BERNAMA News Agency

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