Kerjaya Prospek Secures RM201.3 Million Construction Contract, Targets RM2 Billi

KUALA LUMPUR, Jan 16 — Kerjaya Prospek Group Bhd has secured a construction contract valued at RM201.3 million, marking its first contract award of the year, as the company targets RM2 billion in order-book replenishment for its financial year ending Dec 31, 2026.

The contract, announced today, contributes to the company's goal of building its order book to RM2 billion by FY26.

Kerjaya Prospek did not disclose the specific project details or client involved in the RM201.3 million award.

The company's focus on order-book growth aligns with its strategic plans for expansion in the construction sector.

This contract follows previous projects that have bolstered Kerjaya Prospek's portfolio in recent years.

The construction industry in Malaysia has seen steady activity, with several firms securing major contracts amid economic recovery efforts.

Kerjaya Prospek, listed on Bursa Malaysia, has been involved in various residential and commercial construction projects nationwide.

The company's financial performance in recent quarters has shown resilience, with analysts monitoring its order-book targets closely.

Future contract awards and market conditions will influence Kerjaya Prospek's ability to meet its RM2 billion target by FY26.

For more details, refer to the original story linked in the announcement.