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Monday, September 22, 2014

Mitrajaya bags RM270m job to build Raffles school in Johor


KUALA LUMPUR (Sept 22): Mitrajaya Holdings Bhd has bagged a RM269.78
million contract for main contract works to build a campus for
international school Raffles American School in Nusajaya, Johor.

In a filing with Bursa Malaysia today, the construction and engineering
firm said its wholly-owned unit Pembinaan Mitrajaya Sdn Bhd had on Sept
19 accepted the award from Raffles American School for the job.

They include academic blocks, boarding facilities, support facilities
and outdoor sport facilities.

Mitrajaya said the contract is for a duration of 80 weeks and the
project is expected to be complete within 80 weeks of commencement of
work order.

It added the contract is expected to contribute positively to the
group’s future earnings.

Shares of Mitrajaya closed up 1.06% at 95 sen today, bringing a market
capitalisation of RM376.38 million.

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