: Widad Group Bhd has completed the acquisition of Serendah Heights Sdn Bhd , which expands the company’s integrated facilities management service offerings into the education industry and strengthening its order book to RM1.5 billion, from RM718.8 million.
Currently, YBKU has remaining concession period of another 13 years ending 2034 totalling RM791.0 million. “The contribution of performance from the UITM campus in Jasin, Malacca project will present Widad group with a stream of future recurring cash flow streams from the remaining tenure of the concession,” he added.
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