
KUALA LUMPUR (July 21): Sarawak-based builder Hartanah Kenyalang Bhd (KL:HKB) has secured a RM41.38 million contract to build multi-storey buildings and ancillary facilities in Sarawak.
The contract was awarded to its wholly owned subsidiary, Hartanah Construction Sdn Bhd, by a Malaysian company principally involved in construction services in Sarawak, a filing showed.
It did not disclose the identity of the client or provide further details of the project.
The project is scheduled to commence this month and is expected to be completed within 36 months.
Hartanah Kenyalang shares closed 2.5 sen or 4.24% higher at 61.5 sen on Monday, giving the group a market capitalisation of RM419 million. The stock, which made its ACE Market debut in June last year, has about quadrupled from its initial public offering prie of 16 sen.