KUALA LUMPUR (Aug 21): Engineering firm Citaglobal Bhd (KL:CITAGLB) has secured a RM168.88 million contract from the Public Works Department (JKR) to upgrade a 7.25-kilometre stretch of the Federal Route 3 (FT3) highway along the Kota Bharu–Kuala Terengganu corridor.

Citaglobal, in a statement on Thursday, said that the contract was awarded to its wholly-owned subsidiary Citaglobal Land Sdn Bhd (CLSB) following a competitive tender, which will involve widening the existing single carriageway road into a dual carriageway built to JKR standards.

With the latest award, Citaglobal’s order book has now expanded to RM1.3 billion and extended the group’s earnings visibility over the next three years.

JKR had called for the tender in December 2024, and CLSB submitted its bid in February 2025, according to its filing with Bursa Malaysia.

Citaglobal will undertake the works for six bridges, five junctions, earthworks, geotechnical works, drainage, pavement, lighting, traffic lights, road furniture and related infrastructure.

The contract is to be completed within 42 months from the date of site possession.

“While the group has made known its intentions to pursue new engines of growth in the renewable energy and technology sectors, the civil engineering and construction business remains a core and stable earnings driver for the group,” Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria said.

Mohamad Norza is the largest shareholder in Citaglobal with a 29.31% direct and indirect stake via his private vehicle Tiza Global Sdn Bhd, followed by the Sultan of Pahang, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah with a 13.25% stake.

Shares in Citaglobal closed 1.5 sen or 1.88% higher at 81.5 sen on Thursday, giving the group a market capitalisation of RM346.84 million.