AWC bags RM24m facilities management contract

19 Sep 2017 / 20:27 H.

    PETALING JAYA: AWC Bhd's wholly-owned subsidiary Ambang Wira Sdn Bhd has been awarded a RM24.38 million contract from the Public Works Department for the facilities management of Palace of Justice in Precinct 3, Putrajaya.
    The contract is effective for five years from Oct 1, 2017 until Sept 30, 2022.
    The Palace of Justice building houses the Malaysian Court of Appeal and Federal Court. This award further enhances the facilities division and the group's overall existing order book and is expected to contribute positively to the group's earnings.
    Ambang Wira, a part of the group's facilities division, has accepted and returned the government's letter for acceptance of tender dated Sept 14, 2017.
    The group's facilities division has a concession from the federal government for the maintenance of federal government buildings and facilities located in the southern states of Peninsular Malaysia (Negeri Sembilan, Malacca and Johor) and the state of Sarawak. In addition, this division also provides building facilities maintenance works for the commercial and healthcare segments.
    AWC managing director & group CEO Datuk Ahmad Kabeer said it is pleased to have been awarded the facilities management contract for the Palace of Justice, which is an impressive and majestic building.
    "This addition to our portfolio is testament to the quality of our work and we will do our best to exceed expectations," he said in a statement.
    AWC closed 6% higher at RM1.06, with 2.84 million shares traded.

    sentifi.com

    thesundaily_my Sentifi Top 10 talked about stocks