24th August chatroom

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Summary

- FAJAR : An investment holding company. It operates in three segments: Investment holding, Property development, and Construction. Core business activities include earthwork and infrastructure projects, design and build projects, civil structure projects and environmental projects. Infrastructural civil engineering works include the construction of roads, earthworks, drainage systems and water-related works. Civil engineering consists of design and construction of the physical and natural built environment, including works, such as bridges, roads, canals, dams and buildings. Environmental engineering deals with the treatment of chemical, biological, and/or thermal waste, the purification of water and air, and the remediation of contaminated sites. On November 12, 2010, the Company acquired equity interest in Temasek Perkasa Sdn. Bhd. (Temasek). On November 1, 2010, it acquired 49.75% of the issued and paid up capital of Potential Region Sdn. Bhd. (PRSB).

-. FAJAR : Wins RM101m contract. Fajarbaru Builder Group (FBG) has secured a RM101.3m contract from TYL Land & Development SB to carry out building and related external works for a commercial development in Semenyih, Selangor. The construction, property development and timber group also announced yesterday it had bagged a RM705,000 contract from Malaysia Airports (Sepang) SB for the proposed apron line marking, access road connection and associated works at KLIA Air Cargo Terminal 1 (KACT 1) in Sepang.

-. FAJAR : Has received its trackwork machinery, is eyeing for more railway tracks maintenance works.

-. FAJAR : Received the track work machinery to be used for railway rehabilitation works from China Jiangsu KTK Locomotive and Rolling Stocks Co. Ltd and Gemac Engineering Machinery Co. Ltd.

-. FAJAR : Eyeing the potential of a huge maintenance contract that comes with the vast spending on rail-related jobs. The spree of rail related infrastructure projects that were announced in the last few months, being the most recent – 688-km East Coast Rail Link, are all the potential projects.

-. FAJAR :  Was bidding for LRT3 projects, which included depot, station and wire duct contracts in the Klang Valley.

-. FAJAR : Posted a net profit of RM10.02 million in the fourth quarter ended June 30, 2017 (4QFY17) 

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