AWC secures facilities management contract worth RM32 million

PETALING JAYA: AWC Bhd's wholly-owned subsidiary Ambang Wira Sdn Bhd (AWSB) was awarded a contract worth RM31.74 million by the Public Works Department for the maintenance of buildings utilised in Putrajaya by the Ministry of Communications and Multimedia Malaysia (KKMM).
The tenure of the contract is for five years from Sept 1, 2017 until Aug 31, 2022 and covers all the blocks utilised and occupied and occupied by KKMM in Putrajaya. This award further enhances the facilities division and the group's overall existing order book and is expected to contribute positively to the group's earnings.
The group's facilities division has a concession from the federal government for the maintenance of federal government buildings and facilities located in the southern states of Peninsular Malaysia (Negeri Sembilan, Malacca and Johor) and the state of Sarawak. In addition, this division also provides building facilities maintenance works for the commercial and healthcare segments.
AWC managing director & group CEO Datuk Ahmad Kabeer said this contract is expected to contribute positively to its earnings going forward.
AWC closed 0.89% lower at RM1.12 on Friday with 97,000 shares traded.