Ahmad Zaki bagis RM162.96m contract

Ahmad Zaki Resources Bhd's (AZRB) unit, Ahmad Zaki Sdn Bhd, has secured a RM162.96 million contract from Perbadanan Perwira Harta Malaysia to build the Royal Malaysian Police Air Wing Unit base in
Shah Alam, Selangor.

In a filing to Bursa Malaysia, Ahmad Zaki Resources said the project is expected to be completed within 96 weeks of the date of site possession.

"The contract is expected to contribute positively to AZRB group's earnings and the net tangible assets for the financial years ending 2013 to 2015," it added