The Star reported that PROTASCO BERHAD's 30%-owned associate company PJP Barisan JV Sdn Bhd has secured a performance-based contract for the long-term management and maintenance of state roads in Mukah, Sarawak. The contract is for a period of 10 years effective from Jan 1, 2020, to Dec 31, 2029. Protasco said the contract sum is about RM24.6mil per annum, subject to review every three years with a maximum increase of 7.2% per revision.The group expects the contract to contribute positive to its future earnings.
Created by Callmejholow | Oct 15, 2019
Created by Callmejholow | Oct 09, 2019