KERJAYA

2.270

-0.01 (-0.4%)

OTHERS ACCEPTANCE OF LETTER OF AWARD AMOUNTING TO RINGGIT MALAYSIA FIVE HUNDRED TWO MILLION TWO HUNDRED AND SEVENTY THOUSAND (RM502,270,000.00) FROM TANJUNG PINANG DEVELOPMENT SDN. BHD. IN RESPECT OF THE RECLAMATION & DREDGING WORKS FOR SERI TANJUNG PINANG (PHASE 2B & 2C) DEVELOPMENT (STP2) PENANG

KERJAYA PROSPEK GROUP BERHAD

Type Announcement
Subject OTHERS
Description
ACCEPTANCE OF LETTER OF AWARD AMOUNTING TO RINGGIT MALAYSIA FIVE HUNDRED TWO MILLION TWO HUNDRED AND SEVENTY THOUSAND (RM502,270,000.00) FROM TANJUNG PINANG DEVELOPMENT SDN. BHD. IN RESPECT OF THE RECLAMATION & DREDGING WORKS FOR SERI TANJUNG PINANG (PHASE 2B & 2C) DEVELOPMENT (STP2) PENANG

The Board of Directors of Kerjaya Prospek Group Berhad (the “Company” or "KPGB” and together with its subsidiaries, the “Group”) wishes to announce that its wholly-owned sub-subsidiary, Future Rock Sdn. Bhd. has on 23 February 2026 received and accepted a letter of award dated 23 February 2026 from Tanjung Pinang Development Sdn. Bhd. (“TPD”), for execution and completion of reclamation & dredging works for Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) Penang for a fixed lump sum contract price of Ringgit Malaysia Five Hundred Two Million Two Hundred and Seventy Thousand Only (RM502,270,000.00) (“Contract”).

 

TPD is an indirect subsidiary company of Eastern & Oriental Berhad, a company which certain Directors and major shareholders of the Company have direct and indirect interests.

 

Details of the announcement are set out in the file attached.

 

This announcement is dated 23 February 2026.




Please refer attachment below.



Announcement Info

Company Name KERJAYA PROSPEK GROUP BERHAD
Stock Name KERJAYA
Date Announced 23 Feb 2026
Category General Announcement for PLC
Reference Number GA1-10022026-00034