KUALA LUMPUR (March 16): Aneka Jaringan Holdings Bhd, a basement and foundation construction specialist, has bagged two letters of awards with a combined value of RM95.65 million for works on the New Pantai Highway (NPE) extension project and a high-rise residential development in Seputeh.

In a statement on Monday (March 16), the group said the first letter of award was from IJM Construction Sdn Bhd for bored piling and reverse circulation drilling works for Package 1 (Sections 1 & 2A) of the NPE extension.

The works are expected to be delivered in accordance with respective sectional completion requirements, based on site possession timelines to be advised, it said.

The second LOA, valued at RM12.8 million, was awarded by MRCB Builders Sdn Bhd for earthwork, piling and pile cap works under a proposed 50-storey apartment project that includes 11 levels of car parks and facilities, as well as the upgrade of a riverside landscape reserve.

Aneka Jaringan’s share price closed unchanged at 11.5 sen on Monday for a market value of RM80 million.