Aneka Jaringan Holdings Berhad (“Aneka Jaringan” or the “Group”; Bursa: ANEKA, 0226), a basement and foundation construction specialist, is pleased to announce the win of a substantial RM39.0 million contract by its wholly-owned subsidiary, Aneka Jaringan Sdn. Bhd. (“AJSB”).
This contract is for a major mixed development project at Jalan Pantai Sentral, Mukim Kuala Lumpur, awarded by GDP Architects Sdn. Bhd. on behalf of Murni Lapisan Sdn Bhd. The contract scope includes extensive earthworks, piling, pile caps, and contiguous bored piling (“CBP”) works of the development.
For information, the development comprises the construction of two office towers with accompanying retail, parking, and amenities, as well as two high-rise serviced apartment blocks over three phases. The first phase includes a 14-storey office block and a 13-storey office block, and a podium encompassing three levels of retail space, an eight-storey car park, a supermarket, related amenities, and a pedestrian bridge.
The second phase adds a 43-storey serviced apartment tower with 438 units and amenity spaces atop the Phase 1 podium, while the third phase comprises a 33-storey serviced apartment tower with 290 units. This comprehensive development, set to begin on 7 November 2024, is targeted for completion by 6 March 2026, reinforcing Aneka Jaringan’s expanding portfolio of piling works in high-demand urban areas.
Since January 2024, Aneka Jaringan has secured projects amounting to RM189.6 million. These projects underscore the Group’s commitment to growth, providing a steady pipeline that will drive the Group’s financial performance over the next several years.
Managing Director of Aneka Jaringan, Pang Tse Fui commented on the new contract win,
“Securing this contract, along with our year-to-date project wins since January 2024 amounting to RM189.6 million, strengthens our position in Kuala Lumpur’s high-growth development zones and reflects our expertise in executing large-scale, complex projects.
This contract reinforces our commitment to delivering high-quality work and ensuring the best possible outcomes for our clients. We are dedicated to driving consistent growth and value for our shareholders as we continue to expand our project portfolio and deliver on our strategic objectives”.
The Group remains optimistic about its future prospects, with a continued focus on capitalising on emerging opportunities within Malaysia’s infrastructure and development sector.
Looking ahead, Aneka Jaringan is committed to actively pursuing high-value projects to further bolster its order book and maintain a healthy pipeline.
