Hextar Capital secures RM60mil road contract in Sarawak

Hextar Capital Bhd's subsidiary, Legacy Core Sdn Bhd, has secured a RM60 million contract to upgrade a road in Sibu, Sarawak. The contract, awarded to Legacy Core by main contractor Doland (M) Sdn Bhd, will cover road works, drainage, and services relocation for the Jalan Oya project. Owned by the Sarawak Public Works Department, the project will be undertaken by Legacy Core from October 2, 2026, to February 11, 2029.

The RM60 million contract is expected to bolster Hextar Capital's earnings and net assets for the fiscal year ending December 31, 2026, and throughout the project's duration. Hextar Capital managing director Johnson Chang stated that the award strengthens Legacy Core's position in the construction industry and aligns with the company's strategy to enhance its order book and generate sustainable returns for shareholders.

Leveraging its experience and expertise, Hextar Capital is confident of delivering the project efficiently while maintaining the highest standards of quality and safety.