Statement:.
(Kuala Lumpur, January 1) Shuangwei Construction (SUNCON, 5263, main board construction stock) won two construction contracts with a total value of RM463 million.
Shuangwei Flora, which issued the contract, is a subsidiary of Shuangwei (SUNWAY, 5211, main board industrial stock).
The first apartment building contract is a stakeholder contract.
Shuangwei Construction also pointed out that after winning these two contracts, it has obtained a project contract of 881 million ringgit in this fiscal year.
The other is the solar energy EPCC project in Jiapu, Selangor, which will start in December this year and is expected to take 18 months to complete.
Shuangwei Construction reported to the Exchange on Tuesday that the above two project contracts, namely, the high-grade apartment building contract with a total value of RM278 million issued by Shuangwei Flora; And the Solar Power Engineering, Procurement, Construction and Commissioning (EPCC) contract issued by SharpVenturesSolar with a total value of RM185 million.
This contract is mainly to build two senior apartments in Bukit Jalil, Kuala Lumpur; The construction work was started on November 1 and is expected to be completed on October 31, 2025.