West River wins residential subcontracts worth RM17.85 million
The awards cover projects in Puchong and Bukit Jalil, with the larger contract valued at RM11 million.
West River Bhd reported RM17.85 million in new mechanical and electrical (M&E) work for residential developments in Selangor and Kuala Lumpur. Its bourse filing said the two subcontracts were secured by wholly owned West River Engineering Sdn Bhd (WRE).
China Construction Development (Malaysia) Sdn Bhd awarded the RM11 million portion for a proposed Puchong apartment development. The developer is Interpile (M) Sdn Bhd, and the project is scheduled to be completed on Nov 17, 2028.
The remaining RM6.85 million award came from BUCG (M) Sdn Bhd. It involves air-conditioning and mechanical ventilation (ACMV) systems at Park Green serviced apartments in Pavilion Bukit Jalil, Kuala Lumpur, with WRE responsible for installation, testing and commissioning.
Regal Path Sdn Bhd is developing Park Green, which has two blocks containing 453 serviced-apartments, alongside basement levels, resident facilities and a 10-storey podium. Malton Bhd is the parent company of both Regal Path and Interpile.
West River's closing share price was 45.5 sen, up 1.5 sen or 3.41%. Its market valuation stood at RM162.75 million.
