G Capital unit bags RM7.05mil non-revenue water contract in Pulau Langkawi
KUALA LUMPUR: G Capital Bhd's 51%-owned subsidiary G Capital Water Solutions Sdn Bhd has secured a RM7.05mil contract from Pembinaan Limpah Bersatu Sdn Bhd to be a non-revenue water specialist sub-contractor for the national non-revenue water programme in Pulau Langkawi.
In a filing with Bursa Malaysia, the group said the project is estimated to complete within 13 months commencing July 2022.,
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The scope of works include non-revenue water reduction in Pulau Langkawi, hydraulic modelling, pipe assessment, network improve and pipe replacement works.
According to G Capital, the project is expected to contribute positively to the future earnings of the group as it progresses towards completion.