KUALA LUMPUR (Jan 16): Kerjaya Prospek Group Bhd’s wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd has secured an RM111.8 million job to develop a residential development project in Mukim Setapak, Kuala Lumpur.

The construction firm said in a statement on Tuesday the project entails the construction of a 52-storey main building works, comprising of a 42-storey serviced apartment block and an eight-storey elevated car park amongst others.

Construction works are slated to be completed within 40 months from Jan 16,2024.

Kerjaya chief executive officer and executive director Tee Eng Tiong said this is its fourth construction award for this year, bringing its cumulative contract wins, year-to-date, to RM377.9 million.

Meanwhile, the Mukim Setapak contract, which was undertaken on an arm’s length basis, based on commercial terms which are not more favourable than those available to the public, was awarded by Kerjaya Property Sdn Bhd (KPSB), a wholly-owned subsidiary company of Kerjaya Prospek. — by Isabelle Francis