Tuesday, February 8, 2011

PJI Holdings gets RM55.89m sub-contract from IJM for Kedah college

KUALA LUMPUR: PJI HOLDINGS BHD [] has secured a RM55.89-million sub-contract from IJM CONSTRUCTION [] Sdn Bhd for a college in Kedah.

PJI said on Tuesday, Feb 8 its unit P.J. Indah Sdn Bhd had received the letter of award from IJM for the mechanical and electrical services of Kolej Universiti Insaniah's permanent campus.

'The proposed project is not expected to have any significant impact on the net asset per share and share capital, but is expected to improve the consolidated earnings and gearing of PJI Group,' it said.

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