KUALA LUMPUR (Nov 9): Basement and foundation construction specialist Aneka Jaringan Holdings Bhd’s Indonesia subsidiary PT Aneka Jaringan Indonesia has accepted a contracting job in Indonesia on Monday, Nov 8, according to a bourse filing on Tuesday (Nov 9).
The filing stated that the company was contracted by PT Risland Sutera Property to perform piling and pile test works for the Sky House Alam Sutera+ Project Phase 2.
The price of the contract is IDR48.75 billion inclusive of value-added tax, which is equivalent to approximately RM14.24 million.
The contract is expected to commence on Nov 11, 2021 and shall be completed by March 20, 2022.
The company said that this contract will not have any effect on its share capital and shareholding structure but expects it to contribute to the company’s consolidated earnings and net assets for the financial year ending Aug 31, 2022, during the duration of the contract.