Muhibbah Engineering-linked firm wins RM32.7m LRT3 job

22 Mar 2018 / 21:25 H.

    PETALING JAYA: Muhibbah Engineering(M) Bhd’s 49%-owned joint venture company has been awarded a RM32.7 million contract by Prasarana Malaysia Bhd to design, supply, deliver, install, test and commission a noise barrier for Package GS06 to Package GS10 for the Light Rail Transit Line 3 (LRT3) project.
    It said in a stock exchange filing that the packages for the project linking Bandar Utama to Johan Setia will begin immediately and is expected to be completed by the fourth quarter of 2019.
    "The contract is expected to contribute positively to the earnings and net assets of Muhibbah Group for the current and future financial years,” it noted.
    On Bursa Malaysia today, Muhibbah closed unchanged at RM3 on volume of 1.78 million shares.

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