Sun, 27 Apr 2025
Headlines:
Pansar unit secures contract related to Sarawak-Sabah link road worth RM777.11m
Published on: Friday, September 13, 2024
Published on: Fri, Sep 13, 2024
By: Bernama
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Pansar unit secures contract related to Sarawak-Sabah link road worth RM777.11m
For illustrative purposes only. - Getty Images/iStockphoto
KUALA LUMPUR: Pansar Bhd’s wholly owned subsidiary Perbena Emas Sdn Bhd has secured a project related to Package 4A (RH Aling to Bukit Pagon) of the Sarawak-Sabah Link Road (SSLR) Phase 2 project worth RM777.11 million.

In a filing with Bursa Malaysia today, the company said Perbena has received a letter of acceptance today from Maltimur Aktif Unggul JV Sdn Bhd for the project.

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“The scope of work involves the construction of 54 kilometres of R3 JKR Standard road from RH Aling to Bukit Pagon, including three bridges.

“It includes site clearance, earthwork, drainage work, geotechnical work, road furniture, traffic management, environmental management and electrical work,” it added.

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This event coincides with its proposed listing on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities"), scheduled for 30 April 2025.
The contract period is 48 months and the project is scheduled to commence today.

When completed, the SSLR will provide improved road connectivity, linking communities in Sarawak and Sabah without having to cross international borders.

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“This will ease the movement of people, bolster economic activities and stimulate local economies,” it said.

The contract is expected to contribute positively to the earnings and net assets of the group as the project progresses during the contract period.
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