Monday 12 Oct 2026
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KUALA LUMPUR (Feb 13): Ahmad Zaki Resources Bhd (KL:AZRB) said on Friday it has secured a contract worth RM430.06 million in Cameron Highlands involving the construction of a bypass and the upgrading of federal roads.

Awarded by the Public Works Department, this is the engineering and construction company's first contract of the year.

In a filing with Bursa Malaysia, AZRB said the project covers the construction of the Tanah Rata bypass, the upgrading of Federal Route FT59 from Tanah Rata to Kea Farm and the upgrading of Federal Route FT434 (Jalan Griddle).

The 42-month contract, starting on Feb 16, is expected to contribute positively to AZRB’s future earnings, the company said.

AZRB slipped into the red with a net loss of RM10.1 million for the three months ended Dec 31, 2025, as its engineering and construction division was hit by project cost pressures and the timing of revenue recognition. Revenue for the quarter stood at RM313.9 million.

There are no comparative figures as AZRB changed its financial year-end from June 30, 2025, to Dec 31, 2025.

AZRB shares rose half a sen, or 3.5%, to 15 sen on Friday, giving the company a market capitalisation of RM98.7 million.

Edited ByS Kanagaraju
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