Naim Engineering Sdn Bhd, a wholly-owned subsidiary of Naim Holdings Bhd, has confirmed its acceptance of a letter from Mass Rapid Transit Corporation Sdn Bhd as a sub-contractor for the works packages under the Klang Valley Mass Rapid Transit (MRT) project worth about RM208 million.

Naim Holdings in a filing with Bursa Malaysia said that Naim Engineering will undertake works packages under the Sungai Buloh-Kajang alignment to execute and complete package S4.

The package involves the construction and completion of elevated stations and other associated works at Section 16, Pusat Bandar Damansara and Semantan.

The project is expected to contribute positively to the earnings and net assets of Naim Holdings for the financial year ending December 31, 2012. -- Bernama