Saturday 13 Apr 2024
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KUALA LUMPUR (July 14): Puncak Niaga Holdings Bhd has won a RM47.21 million sub-contract to build a water treatment plant and upgrade a water distribution system in Gua Musang, Kelantan.

In a filing to Bursa Malaysia, the treated water supplier said its wholly-owned subsidiary, Puncak Niaga Construction Sdn Bhd, was awarded the job by Pembinaan Era Dinamik Sdn Bhd.

The scope of work includes the construction of a raw water intake station, sedimentation tank, filtration plant, treated water pumping station and administration building.

The subsidiary will also work on a new access road to the raw water intake system and upgrade the access road to the existing Bukit Chupak Reservoir.

The construction work is set to be complete by May 28, 2024, said Puncak Niaga.

Puncak Niaga shares closed one sen or 3.64% lower at 26.5 sen, valuing the company at RM116.58 million.

Edited ByS Kanagaraju
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