Skip to main content

Aneka Jaringan wins RM53.35 million piling job in Puchong

The contract covers IOI Rio City Town Centre, with completion targeted for Aug 19, 2027.

By Maya Santos

Piling machinery at a construction site
Photo: New Straits Times

Aneka Jaringan Holdings Bhd has won a contract worth RM53.35 million for bored piling at IOI Rio City Town Centre in Puchong, Selangor, according to a filing with the stock exchange.

The group said its subsidiary, Aneka Jaringan Sdn Bhd, which it owns in full, accepted the award letter from EDP Consulting Group Sdn Bhd. The consultant acted for IOI Rio Mall Sdn Bhd, IOI Hospitality Sdn Bhd and IOI Rio Towers Sdn Bhd, the employers for the project.

The job involves building and completing bored piles at the Bandar Puteri Puchong site. Work began on Oct 20 and is scheduled to finish on Aug 19, 2027.

IOI Properties Group Bhd's IOI Rio City is a mixed-use development spanning 100 acres, with a gross development value of RM12 billion.

Aneka Jaringan expects the award to lift consolidated earnings and net assets in its financial year ending Aug 31, 2027. It said the contract would leave its share capital and shareholding structure unchanged.

Keep reading: Business & Companies

All Business & Companies stories

Latest in Finance

All latest