KUALA LUMPUR, July 31 – Aneka Jaringan Holdings Berhad (“Aneka Jaringan” or the “Group”) is pleased to announce that its subsidiary, Aneka Jaringan Sdn. Bhd., has been awarded a significant contract by Coneff Corporation Sdn. Bhd. on July 3, 2023, to undertake construction works for the Rumah Wilayah Keluarga Malaysia (“RUMAWIP”) project. The project involves various construction responsibilities, including earthworks, piling, pile caps works, and retaining walls for two blocks of RUMAWIP apartments.

With a total of 1,010 units, the project encompasses a range of amenities such as a main lobby, management office, kindergarten, shops, laundry facilities, parking spaces, M&E room, multipurpose hall, and a facilities podium with a swimming pool, among others. Valued at RM22.16 million, the project is scheduled to commence on July 15, 2023, and has a completion date set for May 14, 2024. Pang Tse Fui, Managing Director of Aneka Jaringan, expressed the Group’s commitment to enhancing sustainable urban living through affordable housing solutions.

The project aligns with their mission to contribute positively to the communities where they operate and highlights their dedication to quality and affordability in housing. “We are grateful for the opportunity to work on this transformative project,” Pang Tse Fui said. “Our team is ready to leverage their extensive experience and technical expertise to deliver a project that exceeds the expectations of all stakeholders.”

The contract will have a positive impact on Aneka Jaringan’s consolidated earnings and net assets for the financial years ending on August 31, 2023, and August 31, 2024, without affecting the share capital or shareholding structure of the company. This initiative reflects Aneka Jaringan’s commitment to sustainable profitability, stakeholder value, and responsible construction practices aimed at enhancing the quality of urban living.

To date, Aneka Jaringan has secured a total of RM304.9 million in new projects, with Malaysian operations contributing RM288.6 million and Indonesian operations contributing RM16.3 million. The Group continues to strengthen its position in the construction industry and remains dedicated to driving positive change in the communities it serves.