KJTS wins RM6.6mil contract from Takaful Malaysia

TheStar Tue, Mar 19, 2024 07:20pm - 2 months View Original


KUALA LUMPUR: KJTS Group Bhd’s wholly-owned subsidiary, KJ Technical Services Sdn Bhd (KJTSSB) has secured a contract totalling RM6.6mil from Syarikat Takaful Malaysia Keluarga Bhd (STMKB).

In a filing with Bursa Malaysia, KJTS said the contract is for the replacement works of the chiller system and subsequently the provision of operation and maintenance (O&M) services at Menara Takaful in Kuala Lumpur.

Under the terms of the contract, STMKB shall pay KJTSSB a total of RM3mil for the retrofit works via eight monthly instalments, and RM3.6mil, which shall be paid at the rate of RM30,000 per month for the O&M Services.

KJTS said the retrofit works commenced on March 1 and are expected to be completed on Oct 31, 2024.

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