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$KERJAYA / 7161 (KERJAYA PROSPEK GROUP BERHAD)
Research by TA
BUY – TP RM2.79

" Wins RM292.8mn Main Building Works”

KERJAYA has secured a RM292.8mn contract from Mega Legacy (M) Sdn Bhd, a subsidiary of UEM Sunrise Bhd. This contract involves the construction and completion of a 57-storey serviced apartment located in Mukim Batu, Kuala Lumpur. The scope of work entails one block of serviced apartments comprising 1,126 units, eight levels of podium parking, one level of subbasement, a facilities floor and a security room.

Analyst:
Raymond Ng Ing Yeow
raymondng@ta.com.my

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