
KUALA LUMPUR (April 17): FBG Holdings Bhd (KL:FBG), formerly known as Fajarbaru Builder Group Bhd, said it has been appointed as a specialist contractor for the Malaysian Institute of Road Safety Research's (Miros) testing laboratory and complex building project.
The RM40.21 million contract was awarded to its wholly-owned subsidiary FBG Builder Sdn Bhd by MTD Construction Sdn Bhd, the group said in a bourse filing on Friday. The subsidiary will serve as specialist contractor for crash test laboratory equipment.
The project is expected to be completed by June 5, 2029.
FBG expects the contract to contribute positively to its earnings for the financial year ending June 30, 2026 onwards.
FBG’s stock closed unchanged at 13.5 sen on Friday, valuing the group at RM141.7 million.