QUALITY

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OTHERS LETTER OF AWARD

QUALITY CONCRETE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
LETTER OF AWARD

INTRODUCTION

 

The Board of Directors (“the Board”) of Quality Concrete Holdings Berhad (“QCHB”) is pleased to announce that on 8 December 2025, its subsidiary, QC Construction & Engineering Sdn. Bhd. (“QCCE”) has accepted the award of a contract from Regional Corridor Development Authority (RECODA) on Upper Rajang Development Agency (URDA) Package 1: Road Infrastructure Projects in Bukit Goram/ Katibas/ Ngemah/ Machan.

 

The total contract value of the Contract is worth approximately RM91,476,409.74 (Ringgit Malaysia Ninety-One Million Four Hundred Seventy-Six Thousand Four Hundred Nine and Sen Seventy Four Only).

 

DURATION OF CONTRACT

 

The completion period for Contract is for Twenty-Four (24) months commencing from January 2026.

 

RISK FACTOR

 

The Contract is subjected to the normal construction risk of material price fluctuations. QCCE will effectively mitigate the risk with its experience and expertise in construction project.

 

FINANCIAL EFFECTS

 

The Contract is expected to contribute positively to the earnings and net assets of the Company and Group for the duration of the Contracts period.

 

SOURCE OF FUND FOR FINANCING THE CONTRACT


The Contract shall be funded by internally generated funds and bank borrowings.

  

DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

 

None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned Contract.

 

DIRECTORS’ STATEMENT

 

The Board is of the opinion that the abovementioned Contract are in the best interest of Quality Concrete Holdings Berhad Group.

 

This Announcement is dated 8 December 2025.

 






Announcement Info

Company Name QUALITY CONCRETE HOLDINGS BERHAD
Stock Name QUALITY
Date Announced 08 Dec 2025
Category General Announcement for PLC
Reference Number GA1-08122025-00044