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GSSB secures RM303m sub-contract

on .

KUALA LUMPUR: Gabungan AQRS Bhd's unit, Gabungan Strategik Sdn Bhd (GSSB), today received a Letter of Award (LOA) from Syarikat Muhibah Perniagaan and Pembinaan Sdn Bhd for a sub-contract worth RM303.494 million. The job will involve the execution and completion of specific general items, site clearance, demolition, earthworks, sub-structure and superstructure and other related works, in respect of Package V1 of the Klang Valley Mass Rapid Transit (MRT) project. Package V1 involves the construction and completion of viaduct guideway and other associated works from Sungai Buloh to the Kota Damansara Station. The job is expected to be completed by February 2016. Gabungan AQRS expects the sub-contract to contribute positively to the earnings and net assets of the Group for the financial years of the contract period. -- BERNAMA

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