Bursa Announcements

Introduction

The Company is pleased to announce that its wholly-owned subsidiary, Aneka Jaringan Sdn. Bhd., had on 18 August 2023 received and had on the same date late evening accepted the Letter of Award dated 18 August 2023 from Sena Letrik (M) Sdn. Bhd. to undertake the piling, earthworks and substructure works for CADANGAN MEMBINA SEBUAH KOMPLEKS PUSAT PERUBATAN 31 TINGKAT DENGAN 3 TINGKAT BESMEN YANG MENGANDUNGI:

i.   11 TINGKAT TEMPAT LETAK KERETA DAN MOTOSIKAL (BESMEN 3 – BESMEN 1, TINGKAT 1 – TINGKAT 8);
ii.  13 TINGKAT HOSPITAL SWASTA (TINGKAT TANAH, SEBAHAGIAN DARI BESMEN 1 DAN TINGKAT 1, TINGKAT 9 -18);
iii. 10 TINGKAT SERVIS SUITES (131 UNIT) UNTUK KEMUDAHAN PUSAT PERUBATAN (TINGKAT 20-29); DAN
iv.  2 TINGKAT KEMUDAHAN M&E (TINGKAT 19 & 30) 

DI ATAS NO. P.T.9662 (LOT LAMA 57575), JALAN SRI HARTAMAS 22, MUKIM KUALA LUMPUR, DESA SRI HARTAMAS, KUALA LUMPUR (“Contract”).

Salient Terms of the Contract 

(i)  The accepted Contract sum is Ringgit Malaysia Thirty Five Million (RM35,000,000.00) only.

(ii)  The commencement date of the Contract is 1 September 2023 and shall be completed on 31 January 2025.

Financial Effects

The Contract will not have any effect on the share capital and shareholding structure of the Company. The Contract, however, is expected to contribute positively to Aneka’s consolidated earnings and net assets for the financial year ending 31 August 2024 and 31 August 2025, during the duration of the Contract.

Risks Factors

The Company does not foresee any exceptional risks other than the normal operational risks associated with the Contract. The Company will take the necessary steps to mitigate the risks.

Directors’ and Major Shareholders’ Interest

None of the Directors and/or major shareholders and/or persons connected with them has any interest, direct or indirect, in the Contract.

Approvals Required

The Contract is in the ordinary course of business and is not subject to the approval of Aneka’s shareholders.

Statement by Directors

The Board of Directors of Aneka, having considered all aspects of the Contract, is of the opinion that the Contract is in the best interest of the Company.

This announcement is dated 21 August 2023.