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Kerjaya Prospek Group Bhd has emerged victorious in securing a significant contract valued at RM567.7 million (over $120 million) for the execution and completion of reclamation and dredging works at Tanjung Tokong, Penang.
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The contract encompasses the meticulous execution and timely completion of reclamation and dredging works for the Seri Tanjung Pinang (STP2) development, specifically Phase 2B & 2C.
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According to an exchange filing, Kerjaya Prospek disclosed that the contract was awarded to its wholly owned subsidiary, Future Rock Sdn Bhd.
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Commencing on July 1, 2024, the project is slated to span forty months from its initiation, indicating a comprehensive timeline for the completion of the endeavor.
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