
NESTCON Bhd’s subsidiary, Nestcon Borneo Sdn Bhd, has accepted a RM44.12 million letter of award from Matrix Excelcon Sdn Bhd for site clearing and earthworks in a 1,382-acre mixed development project in Labu, Seremban.
The contract begins on May 15, 2025, with a completion timeline of 32 months.
The deal is expected to contribute positively to Nestcon’s financials and is considered part of its ordinary course of business. — TMR
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