9 hours ago
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.
