SC Estate Builder bags RM22 million construction contract
29 Dec 2017 / 19:17 H.
PETALING JAYA: SC Estate Builder Bhd has bagged a contract worth RM22 million from Visi Sempena Sdn Bhd to undertake project management services and turnkey contract works.
In a filing with Bursa Malaysia, the group said the contract work is to complete the 18-storey proposed development of 357 apartment units and 14 shoplot units in Alor Setar, Kedah.
The contract is expected to commence on February 28, 2018 and complete on February 27, 2020. It is expected to contribute positively to the SC Estate Builder's earnings and earnings per share for the financial year ending January 31, 2019.
The counter closed unchanged at 3.5 sen with some 1.08 million shares done.