Widad Group boosts order book to RM1.5b with acquisition of Serendah Heights

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

PETALING JAYA: Widad Group Bhd has completed the acquisition of Serendah Heights Sdn Bhd (SHSB), which expands the company’s integrated facilities man...

: 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines