Kerjaya Prospek unit bags JB construction works for RM162mil

From left: Ta Wee Dher, executive director of Majestic Gen; Datuk Hoo Kim See, CEO; Tee Eng Tiong, CEO and executive director of Kerjaya Prospek Group; and Chia Sow Teck, senior contract manager of Kerjaya Prospek (M) Sdn Bhd
KUALA LUMPUR: Kerjaya Prospek Bhd's wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd has secured an award from Majestic Gen Sdn Bhd for building contract works in Johor Bahru for RM162mil.
The group said in a stock exchange filing the job entails the main building works of a 47-storey service apartment with 732 units and nine level so fpdoum parking.
The development also includes one level of basement parking and mechanical and electrical (M&E) facilities, one level of parking and M&E facilities with one commercial unit and three levels of recreational facilities.
The contract will commence on Aug 1, 2025, and be completed within 36 months.
It is expected to provide an additional stream of revenue for the group over the next three years.
"We are honoured to be entrusted with the construction of Majestic Gen's maiden project in Johor, which also represents our first contract win in the state for 2025.
"Geographically, our focus remains on three growth regions, namely Klang Valley, Penang and Johor, where we see strong demand and vibrant development activities continue to shape the future of urban living," said Kerjaya Prospek CEO and executive director Tee Eng Tiong in a statement.
According to Tee, the group's year-to-date new contract wins have reached RM870.3mil, putting it on track to achieving its RM1.6bil target for the year.
He added that total outstanding order book stands at RM4.6bil, providing healthy earnings visibility and solid foundation for continued growth over the next four financial years.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

The Star

11 hours ago

• The Star

OCBC backs RM351mil JS-SEZ projects

PETALING JAYA: OCBC Bank (M) Bhd has extended RM351mil in financing to See Hong Chen Group and Exsim to support three strategic real estate developments in the Johor-Singapore Special Economic Zone (JS-SEZ). In a statement, OCBC Bank said the financing supports a partnership between Exsim and See Hong Chen Group for the acquisition of freehold land along Jalan Dato Abdullah Tahir in Johor Baru, earmarked for a mixed development project with a gross development value of approximately RM1.8bil. Financing has also been extended to See Hong Chen Group to support the acquisition of freehold land parcels in Johor Baru.

The Star

3 days ago

• The Star

Gadang bags RM92.5mil contract to widen KL-Karak Highway

KUALA LUMPUR: Gadang Holdings Bhd 's wholly owned subsidiary, Gadang Engineering (M) Sdn Bhd, has secured a RM92.5mil contract to widen the Kuala Lumpur-Karak Highway. In a filing with Bursa Malaysia, Gadang said it had accepted a letter of award from AFA Construction and Engineering Sdn Bhd to undertake earthworks and associated works for Package 2A of the Kuala Lumpur–Karak Highway widening project from KM39.00 to KM61.50. The contract is for 18 months and is scheduled for completion in the fourth quarter of 2026. 'The contract is expected to contribute positively to the earnings of the group, during the contract period,' Gadang said.

New Straits Times

3 days ago

• New Straits Times

Nestle Malaysia rolls out maiden state-level Halal@School initiative in Melaka

KUALA LUMPUR: Nestlé (M) Bhd has launched the first state-level rollout of its Halal@School programme in Melaka to promote greater understanding of halal values and healthy eating among young Malaysians. Held at Sekolah Kebangsaan Kerubong, the event gathered over 500 students from six participating schools for a series of engaging, hands-on activities focused on halal principles, food safety and balanced nutrition. Designed to make learning fun and accessible, the programme featured sharing sessions, quizzes and a specially curated Halal Explore Race, all aimed at helping students understand halal as a way of life rooted in integrity, well-being and respect for others. Launched in 2018 in partnership with the Institute of Fatwa and Halal (iFFAH) at Universiti Sains Islam Malaysia (USIM), Halal @ School is part of Nestlé Malaysia's broader commitment to uplifting local communities and spreading nutritional knowledge. Nestlé Malaysia head of halal affairs Nasrul Hadi Mohamed Nor said the programme engaged students in a practical, inclusive and meaningful way, fostering greater awareness of halal values while encouraging healthier lifestyle choices among the younger generation. "As Nestlé's global Halal Centre of Excellence, we see it as our responsibility to contribute not only through the high-quality products we produce, but also through meaningful engagement with the communities we serve," he said in a statement. The programme has steadily expanded, reaching more than 5,400 students across 166 schools nationwide since its inception. In 2024 alone, three Halal @ School series were held across 23 schools in Putrajaya, Johor and Kedah, engaging over 1,100 students. The expansion into Melaka represents the next chapter for the programme, as it scales beyond individual districts to a wider, state-level audience. Additional state-wide rollouts are planned for the East coast and Northern regions later in 2025. A hallmark of Halal@School this year is its inclusive approach, welcoming participation from both Muslim and non-Muslim students. By encouraging shared learning in a multicultural setting, the programme helps nurture understanding and empathy, while reinforcing core values of ethical consumption. SK Kerubong headmistress Rahayu Mohd Thith said the programme was met with great enthusiasm from the moment it was introduced, with many students eager to participate and parents expressing hopes for all their children to be involved. "Educating our students about halal practices and healthy eating goes far beyond religious understanding, it is about nurturing a way of life that supports physical well-being, mental clarity and moral values. "We believe that through this initiative, we are nurturing a generation of students who are not only smart and modern, but also responsible and mindful of what they consume," she said.