KUALA LUMPUR: Pansar Bhd's subsidiary, Perbena Emas Sdn Bhd, has bagged a RM269.1 million job from Lembaga Air Sibu, Sarawak for the upgrading of water treatment plant in Salim, Sibu.

In a filing with Bursa Malaysia, the company said its job scope entailed civil and structural works and mechanical and electrical works for the construction, completion and commissioning, and all the required works for the upgrading of the treatment plant.

The plant will be upgraded from 150 megalitres per day (mld) to 300 (mld). The contract is for a duration of 30 months and is scheduled to commence in May.

Pansar's share price fell half a sen to 57 sen on Thursday, bringing its market capitalisation to RM280.87 million.