<div class=newsTextDataWrapInner>KUALA LUMPUR (Feb 23): Gadang Holdings Bhd (KL:<a href="/askedge/klse/9261" class="ce-stock" target="_blank">GADANG</a>) has secured its second contract to widen the Kuala Lumpur-Karak Highway valued at RM95.14 million 
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According to its Bursa Malaysia filing on Monday, the latest award was granted to its wholly owned subsidiary, Gadang Engineering (M) Sdn Bhd, by AFA Construction and Engineering Sdn Bhd (AFACE). 
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The scope of work covers Package 1A under the broader highway widening programme, spanning from KM19.2 to KM64.5. 
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The contract has a duration of 18 months and is scheduled for completion in the second half of 2027. Gadang said the project is expected to contribute positively to the group’s earnings during the contract period. 
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This follows a similar widening project secured in June last year worth RM92.5 million, which is slated for completion by the final quarter of 2026. 
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AFACE is a unit of AFA Prime Bhd (formerly Anih Bhd), the concessionaire of the Kuala Lumpur–Karak Highway. AFA Prime is wholly owned by Tan Sri Dr Azmil Khalili Khalid. 
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Shares in Gadang closed unchanged at 22.5 sen on Monday, valuing the group at RM180.2 million. Over the past year, the stock has declined 25%. 
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Read also:&nbsp; 
<a href="https://theedgemalaysia.com/node/759834" target="_blank">Gadang bags RM92 mil contract for KL–Karak Highway widening project</a> 
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Gadang Holdings Bhd (KL:GADANG) has secured its second contract to widen the Kuala Lumpur-Karak Highway valued at RM95.14 million

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