ES Sunlogy wins Parkland Southern contract in Johor
KUALA LUMPUR: ES Sunlogy Bhd’s wholly-owned Savelite Engineering Sdn Bhd has secured a RM15.6 million contract from Parkland Southern Sdn Bhd for electrical works at a development in Johor.
Malaysian construction firm ES Sunlogy Bhd has won a significant contract from Parkland Southern Sdn Bhd, valued at RM15.6 million, for electrical works on a development project in Johor. The project, located along the Johor Bahru-Pasir Gudang Highway, involves the construction of two 29-storey serviced apartment towers and a seven-storey podium.
This phase of the development will include the supply, delivery, installation, testing, commissioning, and maintenance of electrical, telephone, and extra-low-voltage services. To ensure compliance with professional standards, Savelite Engineering Sdn Bhd, a wholly-owned subsidiary of ES Sunlogy, will enter into a nominated sub-contract with the main contractor, TSB Builders Sdn Bhd, as per the guidelines set out in Pertubuhan Akitek Malaysia (PAM) Sub-Contract 2006.
The actual start and finish dates of the project will align with the schedule set by the main contractor. ES Sunlogy's share price remained stable on Friday, closing at 42 sen, which maintains the company's market valuation at RM316.15 million.
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